In Many Companies, Who Is Assigned the Responsibility for Coordinating

question 115

Multiple Choice

In many companies, who is assigned the responsibility for coordinating the preparation of the budget?

• A)a budget committee
• B)the sales managers since the sales budget is the backbone of the master budget
• C)the company's board of directors since they approve major corporate changes
• D)the company's independent certified general accountants

---

Definitions:

Dead Zones

Areas where mobile phones and other wireless devices cannot connect to the network due to geographic obstacles, remote locations, or insufficient network infrastructure.

Cellular Service

A communication service provided over a mobile network, allowing for voice calls, messaging, and data usage on mobile devices.

Market Positioning

The process of establishing and maintaining a desirable perception of a company's product or service in the market relative to competitors, focusing on unique value propositions.

Situational Analysis

The process of identifying internal and external factors affecting a business’s performance, used to inform strategy development.