Planning is not necessary for a Self employed or Small business of less than $10$ staff $*$TrueFalseMission & vision statements determine the type & quality of goods$/$services provided by the Company which is the base of a business$*$TrueFalseToo much social media trends have resulted in changing choices of customers & increase of price. Also many customers' complaints can be seen publicly which is not good for company.$*$TrueFalseIn the QSR $-$ Quick Service Restaurant industry Contingency planning is a concept used only by new, small companies like Pita Pit, Burrito Boys etc not by MNC like McDonald's, Domino's Pizza etc.$*$TrueFalseStrong goals, Planning etc help companies like Tim Horton's, Toyota etc Scaleup & Expand.$*$TrueFalseYou putting effort to pass the course with good marks is an example of Tactical & Operational planning$*$TrueFalseOnce SMART goals are finalised Managers continually monitor the actual performance, control it & take necessary corrective actions.$*$TrueFalseMany new startup IT companies use the basic principles of business like SMART goals etc however may never use traditional methods of business like stores, service centre etc$*$TrueFalseThe following is an example of strategic planning & strategic goal.$*$Stock Market share pricesPackagingMission & VisonEmployeesFor a product like Pressure cooker of same price & quality. Brand Image doesn't matter as both products are equally good as they have ISI mark & other safety test clearance from Govt$*$TrueFalseWhat is not included in the SWOT analysis$*$StrengthTimeOpportunityWeaknessA company keeps lauching new products example Apple VR$,$ Sony PS$5,$ Tesla car because it wants to be in what quadrant of the BCG matrix$*$DogsStarsCash CowsAll of the aboveMore choices & variety increases complexity so reduces margins for companies as now for everything there are many competitors & options. $*$TrueFalseWith access to more media outlets & consumer data to companies has resulted in more choices of products for customers. Both parties have a lot more information.$*$TrueFalseMany Global companies change their brand logo$,$ logo color, Logo Font type to match with local preferences following the concept of "Think Globally, Act Locally"$*$TrueFalseSocial media marketing, electronic media etc have a very wide, quick, cost effective method however can never replace traditional methods like TVC$,$ Radio & Print$*$TrueFalseGlobal companies adapt & change the $5$P$\text{'}$s of marketing as per local preferences $*$TrueFalseImportant$,$ Strategic decisions are always made in group, like Board of director to improve inclusion & avoid bias$*$TrueFalseMany companies are able to attract better employees due to their brand image.$*$TrueFalseSWOT analysis is a continuous process. All companies Big & Small do it regularly as it helps build strategy$*$TrueFalse