Business Realignment May Be Necessary to Maximize Core Competencies

question 130

Multiple Choice

Business realignment may be necessary to maximize core competencies.Which of the following would be one of the steps in this realignment process

• A) reviewing all macro relationships
• B) reviewing global outreach projections
• C) redefining the business concept (the "big idea")
• D) reviewing successes from e-commerce (if any)
• E) revamping the ethics statement

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Definitions:

Insurance

A financial product that provides protection against losses or damages, in exchange for premium payments to the insurer.

Direct Method

A cash flow statement preparation approach that shows actual cash receipts and payments, as opposed to the indirect method.

Balance Sheet

A document presenting a firm's assets, liabilities, and owner's equity at a certain date.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered or used but not yet paid for.