Which Factors Explain Downsizing and Refocusing

question 67

Multiple Choice

Which factors explain downsizing and refocusing?

• A)Internal competition and the development of the internet
• B)A greater turbulence in the environment, and the emergence of efficient and reliable suppliers of outsourcing services
• C)Top managers and employees have lost confidence in firms as a way to organize economic activities
• D)None of the above

Identify the purposes and impacts of both operating and capital expenditure budgets on financial planning.

Understand the principles and practices of effective budget preparation and control.

Recognize the effects of various budgeting approaches on cost management and performance evaluation.

Understand the significance of participatory processes in developing more effective and accurate budgets.

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Definitions:

Stomatitis

Inflammation of the mucous lining of any of the structures in the mouth, which can lead to discomfort, ulcers, and other oral health issues.

Bland Diet

A diet consisting of foods that are soft, not very spicy, and low in dietary fiber meant to help improve digestion and relieve symptoms for certain medical conditions.

Colon Cleansed

The process of removing toxins and waste from the colon, often through the use of fluids.

Diarrhea

A condition characterized by frequent and watery bowel movements, often an indicator of digestive distress or infection.