Of the following statements regarding capital budgeting is(are) correct? I. Capital budgeting is the process of planning expenditures on assets with cash flows that are expected to extend beyond one year. II. Capital budgeting decisions are long-term decisions that often involve large expenditures III. When making capital budgeting decisions, managers do not need to consider if the project will add value to the firm.

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.all of these.

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance