Which of the following is not one of the steps taken in the financial planning process? a. monitor operations after implementing the plan to spot any deviations and then take corrective actions. b. develop a set of forecasted financial statements under alternative versions of the operating plan in order to analyze the effects of different operating procedures on projected profits and financial ratios. c. forecast the funds that will be generated internally. if internal funds are insufficient to cover the required new investment, then identify sources from which the required external capital can be raised. d. determine the amount of capital that will be needed to support the plan. e. consult with key competitors about the optimal set of prices to charge, i. e., the prices that will maximize profits for our firm and its competitors.
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The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?
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Which of the following is not one of the steps taken in the financial planning process? a. monitor...
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