An Ongoing Process of Gathering,analyzing,and Dispensing Information for Tactical or Strategic

question 56

Multiple Choice

An ongoing process of gathering,analyzing,and dispensing information for tactical or strategic purposes is called ________.

• A) data harvesting
• B) peer production
• C) survey research
• D) environmental scanning

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Definitions:

Shutdown Point

The level of production and price at which a company's revenue is just enough to cover its variable costs, making it indifferent between continuing operations and shutting down.

Market Price

Refers to the current price at which a good or service can be bought or sold in a marketplace.

Variable Costs

Costs that vary directly with the level of production or output, such as raw materials and direct labor expenses.

Revenue

The total amount of money received by a company for goods sold or services provided during a certain period.