________ Is a Strategic Planning Tool That Shows How Each

question 104

Multiple Choice

________ is a strategic planning tool that shows how each department performance contributes to achieve the company's overall strategic goal.

• A)A strategic objective
• B)Visionary strategy
• C)Vertical strategy
• D)A strategy map

---

Definitions:

Absorption Costing

A pricing strategy that encompasses all expenses associated with production, including direct materials, direct labor, as well as both variable and fixed overhead costs, in the product's price.

Operating Income

A measure of a company's profitability from its core business operations, excluding revenue and expenses from non-operational activities.

Variable Costing

A costing method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, excluding fixed manufacturing overhead.

Operating Income

Earnings generated from a company's standard business operations, excluding income from investments and other non-operational sources.