Which of the Following Are Inputs to the Development of Organizational

question 15

Multiple Choice

Which of the following are inputs to the development of organizational strategy?

• A)Organizational vision and operating plans
• B)Operating plans and core competencies
• C)Actual operations and operating plans
• D)Organizational vision and core competencies

---

Definitions:

Cost of Goods Sold

The immediate expenses related to the creation of products that a company sells.

Merchandise on Credit

Goods that have been sold but not yet paid for, implying that the buyer owes the seller money.

Gross Amount

The gross amount is the total figure before any deductions are made, such as expenses, taxes, or discounts.

Journal Entries

Recorded transactions in the accounting journals that represent the financial activities of a company, detailing debits and credits for account adjustments.