P&G Decreed That the Company Would Search Outside Their Organization

question 18

Multiple Choice

P&G decreed that the company would search outside their organization for new ideas.To achieve this,the company used

• A) technology scouts.
• B) a technological follower strategy.
• C) open sourcing.
• D) outsourcing.
• E) offshoring.

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Definitions:

Financial Planning

The process of estimating the capital required and determining its competition; it is the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Financial Policy

A set of guidelines or a framework that directs and governs how a company manages its financial resources, including investment, financing, and dividend policies.

Investment Policies

Guidelines or strategies that govern how an organization or individual allocates resources in investment decisions.

Pro Forma Statement

A financial statement based on hypothetical scenarios or future projections, used for planning purposes.