Selected Answer None Given Answers True False Question 3 0 out of 1 points

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Selected Answer: [None Given] Answers: True False Question 3 0 out of 1 points Benchmarking is a form of environmental scanning. Selected Answer: Fals e Answers: Tru e False Question 4 1 out of 1 points The Gantt chart is a bar graph that displays time on the vertical axis and the activities to be scheduled on the horizontal axis. Selected Fals
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Answer: e Answers: True Fals e Question 5 0 out of 1 points Forecasting is critical and most effective under rapidly changing environmental conditions. Selected Answer: [None Given] Answers: True False Question 6 0 out of 1 points Competitor intelligence experts suggest that 80 percent of what managers need to know about competitors can be found out from their own employees, suppliers, and customers. Selected Answer: [None Given] Answers: True False Question 7 0 out of 1 points A load chart is a modified Gantt chart. Selected Answer: [None Given] Answers: True False Question 8 0 out of 1 points The critical path is the shortest sequence of events in a PERT network. Selected Answer: [None Given] Answers: True False Question 9 1 out of 1 points Benchmarking involves evaluating company effectiveness against its own standards. Selected Answer: Fals e Answers: True Fals e Question 10 0 out of 1 points
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A competitor's advertisements, want ads, and corporate website can all serve as good sources of competitive intelligence. Selected Answer: [None Given] Answers: True False Question 11 0 out of 1 points To be effective, benchmarking standards must involve companies in the same industry. Selected Answer: [None Given] Answers: True False Question 12 1 out of 1 points Buying a competitor's product for evaluation is an illegal form of competitor intelligence. Selected Answer: Fals e Answers: True Fals e Question 13 0 out of 1 points Events, activities, and load factors are all parts of PERT network analysis. Selected Answer: [None Given] Answers: True False Question 14 1 out of 1 points Scenario planning is most useful in forecasting events that cannot be anticipated. Selected Answer: Fals e Answers: True Fals e Question 15 0 out of 1 points Fixed costs are expenses that do not change, regardless of volume. Selected Answer: [None Given] Answers: True False Question 16
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0 out of 1 points A(n) ________ budget predicts future sales. Selected Answer: cash Answers: cash revenu e expens e variabl e profit Question 17 0 out of 1 points One suggestion for improving forecasting effectiveness is to ________. Selected Answer: [None Given] Answers: use simple forecasting methods always employ global forecasting increase the length of forecasts to improve their accuracy base your forecast on a single model whenever possible assume that you can accurately identify turning points in a trend Question 18 0 out of 1 points Which technique is widely used to help managers make profit projections?
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