Strategic Management and Cost Management Quiz

The management of public goods by governmental units

The development of a sustainable competitive position (correct)

The accounting practice of cost management

The process of setting business policies and procedures

Recurring decisions like equipment replacement and cash flow management (correct)

One-time decisions like product introduction and market removal

Strategic positioning decisions for profit organizations

Public goods provision by charities

Longer and longer

More predictable

Irrelevant in the market

Shorter and shorter (correct)

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