Please answer each of the following questions. The answers should be a single word or short sentence. 1. In a given market, would you expect to find more differentiated businesses or more cost leaders? Differentiated businesses 2. What type of planning deals with short to intermediate-term planning, usually one to three years or less? Tactical planning 3. What type of risk describes a situation where revenues prove to be higher than what was originally predicted? Upside Risk 4. What term describes an individual or organization that continues to follow a failing strategy or decision, even after evidence shows that it is unlikely to succeed? 5. Which is typically the lowest-risk diversification strategy? 6. What ethical principle describes a situation where a manager makes a decision that does the most good for the most people in the situation? 7. What three interpersonal roles did Henry Mintzberg define for managers? 8. What concept in control describes how much a process is allowed to deviate from the plan before an action is taken? 9. What term in planning describes the degree to which we are thoughtful about the future? 10. What types of organizational goals are specific, measurable, and attainable