A Tactic Is Defined by the Text as

question 93

Multiple Choice

A tactic is defined by the text as

• A)a specific operating plan specifying how a strategy is to be implemented in terms of when and where it is to be put into action.
• B)the first company to manufacture and sell a new product or service.
• C)any action by a company or business unit that provides a direct or indirect indication of its intentions, motives, goals, or internal situation.
• D)policies which link formulation and implementation of the strategy.
• E)the ability to adapt a product or delivery system more closely to buyers' needs.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but does not control the company outright.

Consolidation Method

An accounting technique used for combining the financial statements of subsidiary companies with the parent company.

Statement of Earnings

A financial document that provides an account of a company's revenue, expenses, and profit over a specific period, also known as an income statement.

FVTPL

Fair Value Through Profit or Loss, a classification under IFRS for financial instruments measured at their fair value with changes recognized in the profit or loss.