Match the Following Terms with Their Correct Definitions

question 41

Multiple Choice

Match the following terms with their correct definitions.
-Providing physical protection of the company's assets

• A)Accounting system
• B)Business process risks
• C)Control activities
• D)Control environment
• E)Internal control system
• F)Safeguarding
• G)Segregation of duties
• H)Strategic risks

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Definitions:

Business Model Canvas

A strategic management tool that allows companies to document, discuss, and develop their business models through nine key components.

Customer Relationships

The interactions and bonds formed between a business and its customers, crucial for building loyalty and repeat business.

Customer Loyalty

The dedication of a customer to continue buying from or supporting a company's products or services over time, often due to positive experiences or satisfaction.

Value Proposition

A statement that outlines the unique benefits or value that a product or service provides to its customers.