Match the Term with Its Definition

question 44

Multiple Choice

Match the term with its definition.
-A preliminary assessment of a business idea that gauges whether the venture envisioned is likely to succeed

• A)capabilities
• B)competitive advantage
• C)competitive environment
• D)core competencies
• E)cost-based strategy
• F)differentiation-based strategy
• G)entrepreneurial alertness
• H)fatal flaw
• I)feasibility analysis

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Definitions:

Gross Payroll

The total amount of money paid by a business to its employees before any deductions are made.

Social Security Rate

The percentage rate at which income is taxed to fund a country's social security system, which usually provides retirement, disability, and survivor benefits.

Unfunded Pension Liability

The gap between the pension benefits promised to employees and the actual amount of funds available to meet those obligations.

Long-term Liability

Financial obligations of a business that are due beyond the current fiscal year or operating cycle.