Planning Test -...

________ is regarded as the mental processes resulting in the selection of action among alternative scenarios.

Hiring only University trained engineers is an example of ____________.

_______________ specifies at different levels of sales, expected profit level.

Selection of employees is _____________ of the business.

If a firm has decided to sell its product on cash basis only, it is part of firm's _________.

Business plans should emphasize ideas and concepts:

What to do and how to do is concerned with______.

What is the last step in planning process?

Actual performance can be compared with standard performance through _________.

Strategic plan formulate the effective management concentrates on opportunities and threats in: