Strategic planning for a large firm such as Disney with several SBUs probably occurs ________

A) only in its corporate headquarters
B) only at the individual business unit level
C) at both the overall corporate level and at the individual SBU level
D) as needed based upon the success of the division
E) at the location best suited for this function based upon findings of the SWOT analysis

C

Business

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In which stage of the product life cycle will promotional expenditures be significantly high in an attempt to create consumer awareness of a product and its features?

A) product development B) introduction C) growth D) maturity E) adoption

Business

Which of the following courses of action is best suited for a company in the event of the sales of

its product dropping by a marginal amount? A) arranging for a backup partner B) investigating new markets C) repositioning or pulling the existing off the market D) conducting customer survey and using feedback for future forecasts

Business