Which of the Following Is Least Likely to Result in a Strategy

question 101

Multiple Choice

Which of the following is least likely to result in a strategy change?

• A) change in the company's financial situation
• B) a company's adoption of new technology
• C) change in the product life cycle
• D) change in the competitive environment
• E) change in job scheduling techniques

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Definitions:

Credit Period

The duration of time that a buyer is given by a seller to pay for goods or services received.

Sales Tax

A tax levied by governments on the sale of goods and services, collected by the retailer at the point of purchase.

General Journal Entries

The records of financial transactions in the general journal, noting debits and credits along with a description of each transaction.

Terms of Sale

The conditions under which a seller will complete a sale, typically detailing payment terms, delivery times, and warranties.