WHAT ARE GUIDES TO DECISION MAKING CALLED

93) What are guides to decision making called? A) Strategies B) Rules C) Policies D) Objectives E) Goals Answer: C Diff: 1 Objective: 1.04 Define and give examples of key terms in strategic management. Learning Outcome: Define strategic management and identify its basic concepts 94) The strategicmanagement process A) occurs once a year. B) is a semiannual process. C) is a continuous process. D) applies mostly to companies with sales greater than $100 million. E) applies mostly to small businesses. Answer: C Diff: 2 Objective: 1.02 Describe the strategic-management process. Learning Outcome: Define strategic management and identify its basic concepts