Gary and houston have been running their own business for three years. when they started the business, they developed a guide for the planning policy which incorporated major policy decisions and methods for setting policies. they developed individual plans for carrying out each of the phases of the initial plan and even created a checklist, flow chart, and accountability chart for overseeing the implementation of all of the individual plans. gary is finding it difficult keeping the plans straight when talking to houston about them. what names should he use to refer to the guide, individual plans, and the plan to oversee the other plans?
a. plan, strategic plan, objective planb. tactical plan, quality assurance plan, organizational planc. operational plan, quality assurance plan, objective pland. strategic plan, tactical plan, operational plan

Acustomer has come to your department with an urgent question. you promised her that you would collect information about her question and answer it by noon. it will take you at least 20 minutes to gather the information needed to provide an answer. it is now 11: 50 a.m. your supervisor just scheduled a 30-minute meeting to start at noon. this meeting is for all employees in your department. you decide to:

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.