A Business Strategy Achieves a Specific Set of Goals Which

question 31

Multiple Choice

A business strategy achieves a specific set of goals which include ________.

• A) Developing new products or services; attracting new competition
• B) Increasing costs; attracting new competition
• C) Entering new markets; developing new products or services
• D) All of these

---

Definitions:

Federal Funds Rate

The interest rate at which banks and other depository institutions lend money to each other, usually on an overnight basis, which is determined by the Federal Reserve in the United States.

Money Supply

The full ledger of economic financial resources at a specific instance.

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Barter

The direct exchange of goods and services without the use of money as a medium of exchange.