Venture Capital Organization and Angel Investors

Question
	
ESSAY 

You
have just invented a new product that you believe will make you a millionaire
in Canada. However, you do not have
sufficient funds to start a company. You
have heard that you may get assistance from venture capital organizations or
angel investors. You have decided to do
some research on the Internet to get more information about venture capital
organizations and angel investors in Canada.

REQUIREMENT:

Write
a short essay summarizing your research.
Your report should cover the following:

·
Explanation of the terms venture capital organization and
angel investors;

·
Differences between venture capital organizations and angel
investors;

·
Discuss potential venture capital organizations and/or angel
investors in Canada;

·
What factors will a venture capital organization and/or angel
investors take into account when assessing your financing request.




 

 

 

 

 

 


 

 

 
CATEGORY
 
 

 
4
 
 

 
3
 
 

 
2
 
 

 
1
 

 

 

 
Organization
 
 
 

 
Information
 is very organized with well-constructed paragraphs and subheadings within the
 requirements set. Full sentences used throughout the essay.
 
 

 
Information
 is organized with well-constructed paragraphs. Essay slightly too long or too short. Full sentences used throughout the essay.
 
 

 
Information
 is organized, but paragraphs are not well-constructed. Lack of full sentences in some part of the
 essay. 
 
 

 
The
 information appears to be disorganized.
 Too long or too short. Lack of
 full sentences in essay.
 

 

 

 
Quality
 of Information 
 
 

 
Information
 clearly relates to the main topic. It includes relevant supporting
 examples and discussions for all the
 requirements.
 
 

 
Information
 clearly relates to the main topic. It includes relevant supporting examples
 and discussions for most of the requirements.
 
 

 
Information
 clearly relates to the main topic. It mostly includes relevant supporting
 examples and discussions although some may be missing/incorrect.
 
 

 
Information
 has little or nothing to do with the main topic. Examples and/or discussions
 mostly incorrect or missing.
 

 

 

 
Mechanics & Sources of information 
 
 

 
No
 grammatical, spelling or punctuation errors.
 All sources are accurately
 documented in the desired format.
 
 

 
Almost
 no grammatical, spelling or punctuation errors. All sources are accurately documented,
 but a few are not in the desired format.
 
 

 
A
 few grammatical spelling or punctuation errors. All sources are accurately
 documented, but many are not in the desired format.
 
 

 
Many
 grammatical, spelling, or punctuation errors. Some sources are not accurately
 documented.
 



	

Within the discussion board area

Question
	
Within the discussion board area 750-1,000 words that respond to the following questions with your thoughts, ideas, and comments.

 This will be the foundation for future discussions by your classmates. Be substantive and clear and use examples to reinforce your ideas.
1.) There are some people say budgets are not good for control but are great for planning. What do you think is meant by this?
2.) Discuss how budget can be used to evaluate investment proposals. Do you agree with this?
 750-1,000 words with References and cites.
	

More Finance Qs

Question
	
1). Lease Financing vs. Purchasing
As part of its overall plant modernization and cost reduction program, the management of

Teweles Textile Mills has decided to install a new automated weaving loom. In the

capital budgeting analysis of this equipment, the IRR of the project was found to be 20

percent versus a project required return of 12 percent.

The loom has an invoice price of $250,000, including delivery and installation charges.

The funds needed could be borrowed from the bank through a four-year amortized loan at

10 percent interest rate, with payments to be made at the end of each year. In the event

that the loom is purchased, the manufacturer will contract and service it for a fee of

$20,000 per year at the end of each year. The loom will be depreciated over four years

using the straight line method, with a salvage value of $42,500. And Teweles's tax rate is

40 percent.
Apilado Automation Inc., maker of the loom, has offered to lease the loom to Teweles for

$70,000 upon delivery and installation (at t=0), plus four additional lease payments of

$70,000 to be made at the ends of Years 1 through 4. The lease agreement includes

maintenance and servicing. Teweles plans to build an entirely new plant in four years, so

it has no interest in either leasing or owning the proposed loom for more than that period.
(a). Should the loom be leased or purchased? Explain and show your work.
2). Foreign Currency Valuation
Using the web site: 
I would like you to find me what $100 US would represent in your currency? Also find how

this rate has changed thus far in 2013 (percentage change). What does this say about the

US Dollar?

Use the Brazilian Real for comparison
3). Bankruptcy
What would be the priority of the claims as to the distribution of assets in a liquidation

under Chapter 7 of the Bankruptcy Act? 1 is the highest claim, 5 is the lowest.
(a) Trustees' costs to administer and operate the firm.

(b) Common stockholders.

(c) General, or unsecured, creditors.

(d) Secured creditors, who have a claim to the proceeds from the sale of specific

property pledged to secure a loan.

(e) Taxes due to federal and state governments.
4). Acquisition
Brau Auto, a national autoparts chain, is considering purchasing a smaller chain, South

Georgia Parts (SGP). Brau's analysts project that the merger will result in the following

incremental free cash flows and horizon values (in millions):
Year 1 2 3 4

Free cash flow $2 $4 $5 $10

Unlevered horizon value 107
Assume that all cash flows occur at the end of the year. SGP is currently financed

with 30% debt at a rate of 10%. The acquisition would be made immediately, and if it is

undertaken, SGP would retain its current $15 million of debt and issue enough new debt to

continue at the 30% target level. The interest rate would remain the same. SGP's premerger

beta is 2.0, and its post?merger tax rate would be 34%. The risk?free rate is 8% and

the market risk premium is 4%. What is the value of SGP to Brau?
	

finance homework

Question
	
Evaluating a
Mortgage Loan for the Dunns

Michelle and Ken Dunn, both in their mid-20s,
have been married for 4 years and have two preschool-age children. Ken has an
accounting degree and is employed as a cost accountant at an annual salary of
$62,000. They’re now renting a duplex but wish to buy a home in the suburbs of
their rapidly developing city. They’ve decided they can afford a $215,000 house
and hope to find one with the features they desire in a good neighborhood.

The insurance costs on such a home are
expected to be $800 per year, taxes are expected to be $2,500 per year, and
annual utility bills are estimated at $1,440—an increase of $500 over those
they pay in the duplex. The Dunns are considering financing their home with a
fixed-rate, 30-year, 6% mortgage. The lender charges 2 points on mortgages with
20% down and 3 points if less than 20% is put down (the commercial bank the
Dunns will deal with requires a minimum of 10% down). Other closing costs are
estimated at 5% of the home’s purchase price. Because of their excellent credit
record, the bank will probably be willing to let the Dunns’ monthly mortgage
payments (principal and interest portions) equal as much as 28% of their
monthly gross income. Since getting married, the Dunns have been saving for the
purchase of a home and now have $44,000 in their savings account.

Critical Thinking Questions

1. How much would the Dunns have to put down if
the lender required a minimum 20% down payment? Could they afford it?

2. Given that the Dunns want to put only $25,000
down, how much would closing costs be? Considering only principal and interest,
how much would their monthly mortgage payments be? Would they qualify for a
loan using a 28% affordability ratio?

3. Using a $25,000 down payment on a $215,000
home, what would the Dunns loan-to-value ratio be? Calculate the monthly
mortgage payments on a PITI basis.

4. What recommendations would you make to the
Dunns? Explain.

	

QRB501 Template Case Studies 5-2 & 6-2

Question
	
Case 5-2 Template 
INSTRUCTIONS: Read the case in the textbook. As a team, answer the questions in this spreadsheet, then save and submit the assignment as one Microsoft® Excel® attachment. Also, submit a 1-paragraph Microsoft® Word document explaining any issues or successes you had in answering these questions. 

"Refer to and use the following abbreviations for the problems below: 
• R = Royalty Payment
• CT = Artist Credit Total
• SV = Share Value
• CV = Credit Value
• RP = Retail Price
• PD= Packaging Deduction
• R%=Royalty Percentage of Suggested Retail Price minus packaging
" 

1. Ziam wants to know how much his royalty will be for a song he has written. How will it be calculated? Write the steps or the formulas that will be used to calculate his royalty payment. 
2. Ziam has written a popular song titled “Going There,” which has been recorded by a well-known performer. He recently received a royalty check for $7,000. If Ziam gets a 0.5 share of the royalties and the credit value is $3.50, what was the credit total that his song earned? Write out the problem in the form of an equation and solve it. 
3. Ziam quickly published another song, “Take Me There,” that is played even more often than “Going There.” If his first song earns 4,000 credits and his second song earns 6,000 credits, what will the royalty payment be from the two songs if the credit value remains at $3.50? 
4. Ziam is considering an offer to perform his own songs on a CD to be titled “Waiting There.” In the past, he has written but not performed his music. If Ziam’s royalty is 0.12 of the suggested retail price of $15.00, but 0.25 of the retail price is deducted for packaging before Ziam’s royalty is calculated, how much will he receive for sale of the CD? Write your answer in the form of an equation and solve it. 
Case 6-2 Template 
INSTRUCTIONS: Read the case in the textbook. As a team, answer the questions in this spreadsheet, then save and submit the assignment as one Microsoft® Excel® attachment. Also, submit a 1-paragraph Microsoft®Word document explaining any issues or successes you had in answering these questions. 

"Refer to and use the following abbreviations for the problems below: 
• PS = Public Subscribers
• AD = Advertisers
• TC = Telephone Customers
• ISP = Internet Customers
• TOT = Total Customers" 

1. What percentage of the total does each of the four customer groups represent? Round to the nearest hundredth of a percent. 
2. Minh’s data shows that on average only 4.6% of customers were purchasing complementary services available within Media Systems. By using his company’s services, Minh was projecting that these percentages would triple across all user groups within 1 year. a) How many customers would that equate to in total for each group? b) What would be the difference compared to current levels? 
3. Customer complaint data showed that within the last year, complaints by category were as follows: publication subscribers, 1,174; advertisers, 423; telephone service customers, 4,411; and ISP customers 823. a) What percentage of customers (round to two decimal places)complained within the last year in each category? b) If the CRM software were able to reduce complaints by 50% each year over the next 2 years, how many complaints would there be by category at the end of that time period? And c) What would the number of complaints at the end of 2 years represent on a percentage basis?
	

Law Multiple Choice Misc. Questions

Question
	
The basic objective of the U.S. market-directed economic system is to:
A. minimize inflation.
B. achieve an annual growth rate of at least 10 percent.
C. make the most efficient use of the country's resources.
D. satisfy consumer needs as they--the consumers--see them.
E. provide each person with an equal share of the economic output.
The three basic tasks of ALL managers, according to the text, are:
A. planning, staffing, and evaluating.
B. hiring, training, and compensating.
C. planning, implementation, and control.
D. marketing, production, and finance.
E. execution, feedback, and control.
83) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called:
A. management by objective.
B. strategic (management) planning.
C. market planning.
D. marketing programming.
E. marketing strategy planning.
The difference between target marketing and mass marketing is that target marketing:
A. means focusing on a small market.
B. does not rely on e-commerce but mass marketing does.
C. aims at increased sales, while mass marketing focuses on increased profits.
D. focuses on short-run objectives, while mass marketing focuses on long-run objectives.
E. focuses on specific customers, while mass marketing aims at an entire market.
85) The economists' view of buyers:
A. puts a great deal of emphasis on differences in buying behavior related to individual differences among consumers.
B. emphasizes psychological variables rather than social influences.
C. None of these are true
D. is based on the idea that consumers value time and select the first alternative they learn about.
E. assumes that they always buy the lowest-price alternative.
86) "Positioning":
A. applies to new products--but not existing products.
B. is useful for combining but not for segmenting.
C. eliminates the need for judgment in strategy planning.
D. helps strategy planners see how customers view competitors' offerings.
E. is concerned with obtaining the best shelf space in retail outlets.
87) The statement, "Of course people will buy our product--each of its features is better than the competition," most closely reflects which consumer behavior concept?
A. psychographics
B. competitive advantage
C. the economic-buyer theory
D. reference groups
E. needs
88) In a criminal proceeding, what is the difference between an indictment and an information?
A. The defendant is charged with a crime in an indictment, but not in an information.
B. An indictment requires proof beyond a reasonable doubt, but an information does not.
C. A grand jury issues an indictment, but does not issue an information.
D. Guilt or innocence is determined in an indictment, but not in an information.
89) Overtime pay is required to be paid to nonexempt employees who work:
A. Over 8 hours per day.
B. Over 40 hours per week.
C. Over 50 hours per week.
D. Over 10 hours per day.
E. Over 12 hours per day.
90) Product disparagement differs from defamation of a nonpublic figure in that:
A. Intent is required for the disparagement case, but not in the defamation case.
B. Publication to a third party is required in the defamation case, but not in the disparagement case.
C. Intent is only required in a disparagement case.
D. Intent is required for the defamation case, but not in the disparagement case.
E. Publication to a third party is required in the disparagement case, but not in the defamation case.
91) To be guilty of monopolization, the defendant must:
A. Possess monopoly power and have obtained the monopoly power by some improper act or be abusing the monopoly power.
B. Have been previously convicted.
C. Be a US company.
D. Have obtained the monopoly power from the government.
E. Must be part of a conspiracy, combination, or contract.
92) Bob, an employee of Risky Manufacturing, Inc. is accidentally injured by a fellow worker while working his shift. Under workers’ compensation, Bob can:
A. Sue Risky or seek workers’ compensation recovery, but not both.
B. Recover from workers’ compensation only if Risky was negligent in allowing the injury to occur.
C. Seek workers’ compensation only.
D. Sue Risky or seek workers’ compensation recovery.
93) Which of the following is not one of the Caux Round Table Principles for International Business?
A. Promotion of Multiculturalism.
B. Respect for the Environment.
C. Support for Multilateral Trade.
D. Responsibility of Business Beyond Shareholders Toward Stakeholders.
E. Avoidance of Illicit Operations.
98) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?
A. Mexico
B. China
C. Canada
D. Ecuador
E. Japan

99) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.
A. Mexico, Canada
B. Mexico, Venezuela
C. Canada, Mexico
D. Great Britain, Paraguay
E. Canada, Venezuela

100) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

A. Less than $1; about 25
B. $2; about 25
C. About $2; about 15
D. Less than $1; about 40
E. Less than $1; about 15

	

Jiranna Healthcare owns and operates a 268-bed hospital

Question
	
Jiranna Healthcare owns and operates a 268-bed hospital in
the San Jose area. The hospital is Jiranna Healthcare%u2019s main facility and
is home to more than 80 on-site specialty and surgery clinics, employing over
5,000 staff. In addition to the main hospital, Jiranna Healthcare has 18
satellite clinics, containing primary care services such as pediatrics, family
medicine, and geriatric health. These facilities (hospital plus outlying
clinics) serve a total enrollee population of 97,000.

Currently, Jiranna Healthcare%u2019s centralized call center
schedules primary care appointments and handles an average of 1,500 to 2,000
calls daily with a staff of 20. Patients routinely have difficulty obtaining
access to urgent or acute care (primary care) in a timely fashion.
Additionally, the majority of Jiranna Healthcare%u2019s primary care centers
are unable to meet access standards in three out of four cases. These access
issues have a secondary effect on the call center, which experiences a much
higher call rate because members have to call back multiple times to find
available appointments. The existing process leads to overutilization of
emergency departments for urgent care and primary care concerns. In addition,
patient satisfaction has steadily declined as a result of the continued lack of
appointment availability.

To address this problem, there is a proposal to implement a
centralized nurse triage line, an off-site phone center that would be staffed
by registered nurses with a multitude of specialties (including ER nurses,
critical care, surgical, and even some nurse practitioners). These nurses are
able to offer callers medical advice encompassing the treatment of fevers,
wound care, and emergent conditions such as chest pain. The nurses are trained
to triage conditions to the appropriate level of care be that at home, at an
urgent care center, or at an emergency department.

The major cost impact is the increased salary requirement
for the phone center staff, which will entail approximately 33 multi-discipline
employees, based on workload and enrollment data. Additional elements of the
proposal include hiring an IT specialist to manage the triage line%u2019s
computer system, and facility renovations. The main benefit of this proposal is
projected cost reductions in patient care as a result of moving primary care
out of the expensive emergency-room setting.





Assignment





The Capital Project Case Study, Part 2 spreadsheet provides
cash flow data (costs and benefits) for the proposal. Download and save this
Excel spreadsheet, and use the information provided to complete the following:





1. Determine the cash inflows and outflows for each year.

2. Evaluate the capital project by calculating the following
metrics:

a. net present value (NPV)

b. internal rate of return (IRR)

c. modified internal rate of return (MIRR)

d. payback period

e. discounted payback period





3. Indicate whether the project is acceptable, assuming
Jiranna has a corporate policy of not accepting projects that take more than
3.5 years to pay for themselves, and assuming an 11% cost of capital.
	

Ashford Bus311 week 2 quiz

Question
	

 

 

 

 

 

 
Question 1 of 10
 
 

 
10.0 Points
 
 
 
 
International law includes all of the following except:
 
 

 

 

 

 
 A.The
 law of sovereign foreign countries
 
 


 
 

 

 
 B.Foreign
 custom and religious law
 
 


 
 

 

 
 C.Private contracts between
 parties in different states in the United States
 
 


 
 

 

 
 D.International
 treaties and conventions
 
 


 
 
 

 

 

 

 

 

 

 
Question 2 of 10
 
 

 
10.0 Points
 
 
 
 
Political risk is not affected by a weak or volatile rule of law
 
 

 

 

 

 
 A.True
 
 


 
 

 

 
 B.False
 
 


 
 
 

 

 

 

 

 

 

 
Question 3 of 10
 
 

 
10.0 Points
 
 
 
 
Which of the following is not a required element for a valid contract
 in the United States
 
 

 

 

 

 
 A.offer
 
 


 
 

 

 
 B.acceptance
 
 


 
 

 

 
 C.price
 
 


 
 

 

 
 D.consideration
 
 


 
 
 

 

 

 

 

 

 

 
Question 4 of 10
 
 

 
10.0 Points
 
 
 
 
The Statute of Frauds:
 
 

 

 

 

 
 A.requires
 parties to attest that they are honest
 
 


 
 

 

 
 B.mandates
 that parties must have legal capacity to enter a contract
 
 


 
 

 

 
 C.turns
 a contract into a criminal case if fraud is present
 
 


 
 

 

 
 D.requires that some contracts
 be in writing in order to be enforced
 
 


 
 
 

 

 

 

 

 

 

 
Question 5 of 10
 
 

 
10.0 Points
 
 
 
 
A counter offer is a rejection of the offer.
 
 

 

 

 

 
 A.True
 
 


 
 

 

 
 B.False
 
 


 
 
 

 

 

 

 

 

 

 
Question 6 of 10
 
 

 
10.0 Points
 
 
 
 
All of the following are defects that would trigger strict liability
 except:
 
 

 

 

 

 
 A.customer using the product
 incorrectly
 
 


 
 

 

 
 B.design
 defect
 
 


 
 

 

 
 C.manufacturing
 defect
 
 


 
 

 

 
 D.warning
 defect
 
 


 
 
 

 

 

 

 

 

 

 
Question 7 of 10
 
 

 
10.0 Points
 
 
 
 
Which of the following is a legitimate subject matter for a patent?
 
 

 

 

 

 
 A.a
 mathematical formula
 
 


 
 

 

 
 B.a
 business process
 
 


 
 

 

 
 C.products
 of nature
 
 


 
 

 

 
 D.printed
 material
 
 


 
 
 

 

 

 

 

 

 

 
Question 8 of 10
 
 

 
10.0 Points
 
 
 
 
Which of the following is not a factor in determining whether a
 trademark is inherently distinctive:
 
 

 

 

 

 
 A.usefulness
 
 


 
 

 

 
 B.fanciful
 
 


 
 

 

 
 C.arbitrary
 
 


 
 

 

 
 D.suggestive
 
 


 
 
 

 

 

 

 

 

 

 
Question 9 of 10
 
 

 
10.0 Points
 
 
 
 
Trade secret disclosure suits can be filed with the USPTO.
 
 

 

 

 

 
 A.True
 
 


 
 

 

 
 B.False
 
 


 
 
 

 

 

 

 

 

 

 
Question 10 of 10
 
 

 
10.0 Points
 
 
 
 
Business policies are usually inconvenient restrictions and a business
 hindrance.
 
 

 

 

 

 
 A.True
 
 


 
 

 

 
 B.False
 
 


 
 
 

 



	

POST MGT201 U8 Final Case Study: Toyota Company Recall

Question


Questions





1. Based on “the three big
strategic questions” of strategic HR (What is our present situation? Where do
we want to go? How do we plan to get there?), and based on the information
provided in this case, how well, in your opinion, did Toyota plan for global
expansion back in 2000, in terms of executive reporting structure and corporate
communication procedures? Was the structure too centralized and vertical, or
not centralized and vertical enough? Should the North American affiliates have
had more decision-making autonomy and/or horizontal communication paths? Should
there have been more or fewer horizontal communication paths between different
divisions and/or countries (e.g., England and the U.S.)? Explain your position.
Reference Chapter Two – bring into
academic data to correlate with the question.









2. What is “organizational
culture”? Was Toyota’s response to customer complaints about safety consistent
with the organizational culture that TMC executives desired to promote through
the Toyota Way principles? Address in your response Principles 1, 5, 9 and 13
as described in this case.Chapter 2, Strategy Driven Human
Resource.













3. Based on what you read in
this case regarding executive managers’ slow response to consumer complaints
about sticking accelerator pedals, how well did managers’ training from the
Toyota Institute transfer to solving Toyota’s “real-world” safety problem? How
might the training they received be improved to better shape behavior to
achieve Principle 5: “Build a culture of stopping to fix problems…”? Consider
types of reinforcement, and the challenges of resistance to change and
strategic congruence. Reference Chapter
7











4. What challenges might
Toyota’s global diversity create when trying to create and/or change the
corporate culture through Toyota Way training programs and reinforcement
strategies? Consider how to design training programs that encourage employees
from different countries to conform to the Toyota Way culture. What role might
the need for conformity to the Toyota Way play in recruiting and hiring new
Toyota employees? Reference Chapters 1,
2 and 7











5. What is your opinion of
the Toyota Way principle (#9) of growing (i.e., “developing”) leaders from within?
How does this principle fit in with the reasoning behind succession planning?
If you were Toyota’s director of human resources, would you support this
practice or recommend recruiting leaders from outside the company, or a
combination of both? Explain your reasoning.
Reference Chapter 5 and 7. Using
academic data such as advantages and disadvantages of internal recruiting…..











6. Some organizational
analysts suggest that Toyota managers may have been rewarded for containing
costs over ensuring product quality and resolving customer complaints. If you
were TMC’s human resources director, and you wanted managers to support the
Toyota Way principles of promoting safety (product quality) and customer
satisfaction over cost containment, would you recommend using a trait
appraisal, behavioral appraisal and/or results/outcome appraisal? Explain why. Reference chapter 8.

























	
,

		
Attachments
		
 (54 KB) 
		

general business data bank

Question
	
1. Because everything else
stems from leading, of the four management functions, leading is considered the
most fundamental.





 2. Managers must understand no plan is perfect,
but should grow and change to meet new conditions.



 



 3. A desired future state that the individual or
organization attempts to realize is a goal.



 



 4. Goals specify today's means; plans specify
future ends.



 



 5. Goal setting is the act of determining the
organization goals and the means for achieving them.



 



 6. The mission is the basis for the strategic
level of goals and plans, which in turn shapes the tactical and operational
level.



 

 



 7. Tactical goals and plans are the
responsibility of front-line managers and supervisors.



 



 8. Tactical goals and plans are the
responsibility of middle managers.



 

 9. A broad definition of the organization's
values, aspiration and reason for being, along with a recognition of the scope
and operations that distinguishes the organization refers to a Business
Strategic Statement.



 

 10. A plan tells "why" to achieve the goal.





 11. Goals help managers decide where they need to allocate resources.



 



 12. Step 1 in the organizational planning process is to review
progress.



 



 13. Plans provide a standard of assessment.





 14. In step 1 of the organizational planning process, overall
performance is appraised.





 15. An organization's mission describes its reason for existence.



 16. Strategic plans and goals are those that focus on where the
organization wants to be in the future and pertain to the organization as a
whole.



 



 17. A broad statement of where the organization wants to be in the
future refers to a mission statement.



 

 18. Operational plans and goals are those that focus on the outcomes
that major divisions and departments must achieve in order for the organization
to reach its overall goals.



 



 19. Tactical plans are designed to help execute the major strategic
plans and to accomplish a specific part of the company's strategy.



 



 20. Tactical goals are specific, measurable results expected from
departments, work groups, and individuals within the organization.



 21. Top managers make the broad strategic plan and identify specific
tactical plans.





 22. The department manager's tool for daily and weekly operations is
called the operational plan.

 



 23. Operational planning specifies plans for department managers,
supervisors, and individual employees.



 



 24. Management by objectives, single-use plans, and standing plans are
all management planning approaches.



 25. Specific and measurable goal characteristics apply only to the
lower-level goals.