When an Organization Analyzes the Environment Better Than a Competitor

question 76

Multiple Choice

When an organization analyzes the environment better than a competitor and is therefore able to react quicker,what is created?

• A)External strategy
• B)Sustainable competitive advantage
• C)Mission
• D)A productivity vortex
• E)Differentiation from competitors

Explain the significance and computation of days' sales uncollected ratio.

Understand the purpose and application of a voucher system in controlling cash disbursements.

Describe effective cash management principles and their application in business operations.

Differentiate between cash and cash equivalents.

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Definitions:

Time Periods

Segments or intervals into which time is divided for the purpose of analysis, observation, or measurement.

Smoothing Constant

A parameter used in exponential smoothing models to apply different weights to past observations, influencing how smooth the resulting time series will be.

Exponentially Smoothed

A technique used in time series analysis to smooth data points by assigning exponentially decreasing weights over time.

Four-period Centered Moving Averages

A technique used to smooth out data series to identify the underlying trend, calculated by averaging each set of four consecutive data points.