What is the difference between income and cash flow? a. there is no difference between economic income and cash flow. b. cash flow differs from economic income because it includes not only current cash flows but also changes in the present value of future cash flows. c. economic income differs from cash flow because it includes not only current cash flows but also changes in the present value of future cash flows. d. economic income differs from cash flow because it includes current cash flows but without any changes in the present value of future cash flows?

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.all of these.

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.