Coca-Cola, IBM and Microsoft Are All Examples of ________ While

question 33

Multiple Choice

Coca-Cola, IBM and Microsoft are all examples of ________ while Thompson Reuter, TD and RBC are all examples of ________.

• A)global brands, Canadian brands
• B)multinationals, nationals
• C)computer companies, banks
• D)well known brands, unknown brands
• E)large caps, small caps

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Definitions:

Variable Costs

Costs that vary directly with the level of production or service output, such as materials and labor.

Budgetary Control

The process of managing a company's income and expenditure with the aim of keeping spending in line with the budget.

Actual Results

The realized outcomes or final figures of a company's financial performance or operations, often compared against budgeted or forecasted figures.

Flexible Budgets

Budgets that can be adjusted or modified according to the changes in operational activities or business volume.