Projected Financial Analysis Is an Important Strategy- Implementation Technique Because

question 55

Multiple Choice

Projected financial analysis is an important strategy- implementation technique because

• A)insurance needs can be computed.
• B)it is an exact measurement of financial costs in the future.
• C)it is an exact measurement of future company profits.
• D)it allows an organization to examine the expected results of various actions and approaches.
• E)none of the above

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping to the right indicating inverse relationship between price and quantity demanded.

Normal Good

A good for which demand increases as the income of the consumer increases, and vice versa.

Income Increase

Refers to a rise in the amount of money earned by an individual or entity, which can affect purchasing power and economic status.

Demand Curve

A graphical representation showing the relationship between the price of an item and the quantity demanded at those prices.