QUESTION 6 The balance sheet formula is calculated as Assets = Liabilities - Equity. True False QUESTION 7 The Angelo Manufacturing Company, a small business, produces a line of stock beds used on pick up trucks and a line of wooden shipping pallets. The products require different manufacturing processes and are aimed at different markets. Which of the following organizational structures would probably be use by this company? functional OSBU divisional circular QUESTION 8 Which of the following levels of strategic planning would be the broadest in terms of scope and objectives? product//market level corporate level business unit level customer level QUESTION 9 The overall corporate strategy is composed of the department-level objectives business unit strategy functional-level strategies corporate profile QUESTION 10 *Problem children are described as An SBU with a high relative market share compared to other competitors in the market, but in an industry with a low annual growth rate. An SBU with a low relative market share but in an industry with a high annual growth rate. An SBU with a high relative market share and in an industry with expected high growth rates An SBU with a low relative market share and in an industry with low growth potential