________ Defines the Nature of the Company's Business in Terms

question 96

Multiple Choice

________ defines the nature of the company's business in terms of how it will match its internal strengths and weaknesses with its external opportunities and threats in order to maintain a competitive position.

• A)Financial auditing
• B)Strategic planning
• C)Employee benchmarking
• D)Employee testing

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Definitions:

Incidental Beneficiary

One who unintentionally gains a benefit from a contract between other parties.

Holder

An individual or entity that legally owns or possesses a document, such as a contract or financial instrument.

Drawer

The party that writes an order or the person who writes a check.

Accommodation Party

A party who signs an instrument to provide credit for another party who has also signed the instrument.