Which of the Following Is Not a Characteristic of a Rolling

question 76

Multiple Choice

Which of the following is not a characteristic of a rolling budget?

• A)This method of budgeting always includes 12 months of data.
• B)As one month ends, it is removed from the budget and the entire budget rolls forward one month.
• C)At the beginning of the budget period, management breaks down only the first quarter into months.
• D)It requires a top-down approach.

Understand the strategies used by retailers to attract specific market segments.

Learn about the operational aspects of off-price and discount retailing.

Recognize the importance and methods of customer segmentation in retail.

Understand omnichannel retailing and the use of technology in personalizing customer experiences.

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Definitions:

Lifestyle

The way in which a person or group lives, including patterns of social relations, consumption, entertainment, and dress.

Unequal Size

A description of items, groups, or entities that are not the same in dimensions, capacity, or magnitude.

Assets

Resources with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Sense of Self

The perception or awareness one has of themselves as a separate, distinct individual, including their traits, beliefs, and feelings.