Which of the Following Is NOT One of the Five

question 10

Multiple Choice

Which of the following is NOT one of the five questions program budgeting answers according to Ruta et al. (2005) ?

• A) What is the total funding constraint?
• B) What is the marginal cost of expanding output?
• C) What new funding opportunities have arisen?
• D) Can existing services be provided more efficiently?
• E) Should existing services be reduced to fund desired expansions?

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Definitions:

Firm's Goals

The specific objectives that a company aims to achieve, which guide its operational and strategic decisions.

Customer's Needs

The desires or requirements that customers expect to be fulfilled by a product or service, influencing their purchasing decisions.

Customer Acquisition

The process of bringing new customers to a business through various marketing strategies and efforts.

Profitability

The ability of a business to earn a profit, which occurs when revenues exceed the costs and expenses involved in operating the business.