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26. Business is affected by technological environment to a large extent because it affect the
Profit of firm
Fund of the firm
Product of the firm
Operations of the company
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27. Strategic management as distinct management process that involves
An organisation's engaging in strategic planning and then an acting on those plans
An accounting system
An organisation's activity in respect of finance
An organisation
28. Match the following
CODES :
(I)
(II)
(III)
(IV)
29. Match the following
30. All of the following are stated advantage of a divisional structure except
it allows local control of local situations
it leads to a competitive climate within a firm
accountability is clear
it promotes specialization of labour.
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