Denise Owns Several Computer Repair Shops Across the Northeast, and She

question 109

Multiple Choice

Denise owns several computer repair shops across the Northeast, and she has set a goal for her company of cutting costs in all her locations over the next three years. Denise has set a(n)

• A) tactical goal.
• B) management guideline.
• C) business plan.
• D) strategic goal.
• E) operational goal.

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Definitions:

Continuing Resolutions

Temporary funding measures used by governments to prevent operational shutdowns when formal budget bills have not been approved.

Budget Resolutions

Legislative measures specifying the broad levels of taxation and spending, setting the framework for the detailed budget process.

Congressional Suggestions

Recommendations or proposals made by members of Congress intended to guide legislative decisions or policy formations.

Functional Finance

A budget philosophy using fiscal policy to achieve the economy’s potential GDP, rather than balancing budgets either annually or over the business cycle.