________ Is the Process of Developing and Maintaining a Strategic

question 14

Multiple Choice

________ is the process of developing and maintaining a strategic fit between the organisation's goals and capabilities and its changing market opportunities.

• A)Strategic planning
• B)Annual market planning
• C)Short-term planning
• D)Long-range planning
• E)SBU planning

Understand the structure and importance of the three main financial statements.

Identify the purpose and preparation order of financial statements for accurate financial analysis.

Understand the concept and advantages of geographic design in organizing activities.

Recognize the characteristics and advantages of network design in enhancing communication and coordination.

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Definitions:

Long-Term Investment

A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate, and cash, held for more than one year.

Net Income

The total profit or loss of a company after all revenues, expenses, taxes, and costs have been subtracted from total revenue.

Dividends

Profit distributions by a corporation to its shareholders, usually as an earnings sharing.

Outstanding Shares

The total number of shares of a company that are currently owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.