John Deere Promotes Its Service, Experience and Reputation in the Farm

question 81

Multiple Choice

John Deere promotes its service, experience and reputation in the farm equipment business to emphasise the craftsmanship of its lawn mowers for home owners.These are two elements of the firm's:

• A)strengths.
• B)opportunities.
• C)weaknesses.
• D)threats.
• E)strategies.

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Definitions:

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, often used to assess liquidity and manage cash efficiently.

Capital Expenditures Budget

A budget that outlines planned investments in fixed assets, such as machinery, equipment, or buildings, essential for long-term business operations.

Production Budget

An estimate of the total number of units to be produced in a given period, used for planning raw material purchases and labor needs.

Static Budget

A budget based on a fixed level of activity and does not change with the actual levels of output achieved.