When Implementing Strategic Monitoring, the Key Variables to Monitor Are

question 16

Multiple Choice

When implementing strategic monitoring, the key variables to monitor are of the following two types:

• A)those concerned with external forces, and those concerned with the effects of certain actions taken by the business to implement the strategy
• B)finance-based variables, product-based variables
• C)competitor-based variables, internal-based variables
• D)None of the given answers are correct.

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Definitions:

Net 25

A payment term indicating that the full payment is due within 25 days from the invoice date.

365-Day Year

A calendar basis used in various financial calculations, assuming the year consists of exactly 365 days for simplifying interest and other time-sensitive computations.

Temporary Working Capital

The additional working capital needed to support fluctuations in business activity during peak periods.

Short-Term Debt

Liabilities or loan obligations that are due to be paid within a year.