If All of the Businesses of an Organization Are Related

question 62

Multiple Choice

If all of the businesses of an organization are related to a common "core" business,the organization is probably pursuing which corporate strategy?

• A) Prospector
• B) Cost focus
• C) Defender
• D) Related diversification

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Definitions:

Customers Served

The number of customers that have been provided with products or services by a business during a specific time period.

Planning Budget

A budget created for a specific level of activity; it helps management set financial targets and evaluate performance.

Customers Served

refers to the number or segment of clients to whom a business has provided products or services within a specific period.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity level, thereby providing a more useful tool for controlling costs.