In the United States, Who Led the Way in the Establishment

question 17

Multiple Choice

In the United States, who led the way in the establishment of formal budget procedures?

• A) The federal government
• B) Local governments
• C) State governments
• D) Major universities

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Definitions:

Environmental Conditions

The external factors including climate, terrain, and biological factors that influence ecosystems and human activities.

Growth Strategy

A plan of action that outlines how a business intends to expand its operations and customer base, leading to increased revenue.

Merge

The action or process of combining two or more entities into one, often in the context of organizational or business consolidations.

Corporate Strategy

The overall plan which outlines the goals of a corporation and the methods to achieve those goals.