Which of These Tools Is the Most Difficult to Use

question 68

Multiple Choice

Which of these tools is the most difficult to use?

• A)The GE/McKinsey matrix
• B)The BCG matrix
• C)The Ashridge portfolio display
• D)The Five forces model of competition

Understand the significance of the audit trail in improving internal controls.

Understand the concept of focused cost leadership and its importance in competitive strategy.

Recognize the significance of strategic leadership and corporate governance in the execution of business strategies.

Differentiate between various business strategies such as cost leadership, differentiation, and focus strategies.

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Definitions:

Dividend

A portion of a company's earnings, decided by the board of directors, to be distributed among shareholders, typically in the form of cash payments or additional shares.

Net Profits

The amount of money left over after all expenses, taxes, and deductions are subtracted from a company's total revenue.

Compensating Balance

A minimum account balance that a company agrees to maintain in a bank in return for banking services.

Business Loan

A loan specifically intended for business purposes, providing the necessary capital for start-up or expansion.