If Initial Budgets Prove Unacceptable,planners Achieve the MOST Benefit From

question 81

Multiple Choice

If initial budgets prove unacceptable,planners achieve the MOST benefit from:

• A)repeating the budgeting cycle with a new set of decisions.
• B)deciding not to budget this year.
• C)accepting an unbalanced budget.
• D)using last year's budget.

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Definitions:

Enterprising

Showing initiative, willingness to undertake new ventures, and the ability to think creatively and innovatively.

Generate And Exploit

A strategy that involves creating new ideas, products, or processes and making use of them to achieve competitive advantage or market success.

Minimize Or Shed

Strategies employed to reduce, remove, or delegate non-core business activities or assets to focus on primary objectives.

Opportunity-Seeking Processes

The methodologies or approaches used by individuals or organizations to identify and exploit potential opportunities for growth or improvement.