Which of the Following Is an Advantage Associated with Being

question 32

Multiple Choice

Which of the following is an advantage associated with being more conservative in one's simple capital needs projections?

• A)You have no benchmark to determine how much to alter each calculation
• B)Errors associated with this approach will not change one's lifestyle
• C)It is easy to understand and to execute
• D)Both a and b
• E)Both b and c

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Definitions:

Organization's Purpose

The fundamental reason for an organization's existence, often reflected in its goals, mission, and the value it aims to provide to stakeholders.

Organization's Mission

A statement that outlines the purpose, goals, and values of an organization, guiding its strategic decisions and operations.

Unrelated Diversification

A corporate strategy where a company expands its business operations into markets or products that are not related to its existing business units.

Related Diversification

A strategic approach where a business expands into areas that are related to its existing operations to leverage synergies and existing capabilities.