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Question $121$

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Multinational firms rarely employ a regional structure.

Question $121$Select one:

True

False

Question $122$

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A$($n$)\_\_\_\_\_\_\_\_$ provides a view of the firm over the long term and what it should achieve in the future.

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a$.$

strategic vision

b$.$

annual report

c$.$

differentiated leadership strategy

d$.$

multipoint competitive analysis

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Of the four major functions of a manager, the purpose of $\_\_\_\_\_\_\_\_$ at the most basic level is the attempt to bring order to the organization.

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a$.$

directing

b$.$

organizing

c$.$

auditing

d$.$

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Question $124$

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A company's vice president says, "I think we should do away with the practice of using forecasts as a basis for our plans. The results are not fully accurate." Which of the following would be the best rebuttal to this statement?

Question $124$Select one:

a$.$

The fact that forecasting has not yielded exact results in the past does not mean that it will not do so in the future.

b$.$

Companies in some other industries have effectively used forecasting for analyzing the potential of the external business environment.

c$.$

Forecasts are meant to provide a general idea of the direction of future business and cannot be expected to be fully accurate.

d$.$

Supply and demand conditions in the marketplace this year are expected to deviate significantly from historical averages.