If a Company Were to Focus on Market Planning That

question 72

Multiple Choice

If a company were to focus on market planning that involved specific actions and allocations of resources, the company would be using _____ to carry out plans.

• A) tactical planning
• B) strategic planning
• C) corporate planning
• D) long term planning
• E) synergistic planning

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Definitions:

Closing Inventories

The total value of goods available for sale at the end of an accounting period, recorded on the balance sheet.

Non-Controlling Interests

The portion of equity in a subsidiary not attributable directly or indirectly to the parent company, sometimes referred to as minority interest.

Retained Earnings

Profits that a company retains for reinvestment in its operations, rather than distributing to shareholders as dividends.

Reporting Period

A specified duration of time for which an organization prepares its financial statements and reports to present its financial performance and position.