The Success of an Organization, in General, Depends on the Following

question 2

Multiple Choice

The success of an organization, in general, depends on the following:

• A)being consistently focused on an achievable goal.
• B)having a strong and in-depth knowledge of the competitive environmen.
• C)realistic appraisal of its own strengths and weaknesses.
• D)all of the above plus the ability to implement strategy with commitment, consistency and determination.

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Definitions:

Accumulated Other Comprehensive Income

This is a component of shareholders' equity apart from retained earnings that includes items such as foreign currency translation adjustments and unrealized gains on securities.

Common Stock

Equity ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to investors.