The Activity Whereby Management Evaluates the Products and Businesses That

question 136

Short Answer

The activity whereby management evaluates the products and businesses that make up the company is known as business ________ ________.

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Definitions:

Operating Segments

Operating segments refer to components of an enterprise for which separate financial information is available and is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

Identifying Factors

Elements or characteristics that can be used to recognize, classify, or differentiate between different subjects or objects.

Business Activities

Various actions undertaken by a company in pursuit of its commercial objectives, including operations, investing, and financing activities.