The Final Step in the Basic Planning Process Is ____________

question 8

Multiple Choice

The final step in the basic planning process is ____________.

• A)controlling and evaluating the results
• B)implementing the plan
• C)evaluating the alternatives
• D)selecting the best solution

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Definitions:

Facilities

Physical buildings and structures that are used for the production of goods or delivery of services.

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects on the credit it extends to customers.

Receivables

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Inventory

The products and resources kept by a company with the primary purpose of being sold, used in manufacturing, or consumed.