________ Corrective Action Looks at How and Why Performance Has

question 16

Multiple Choice

________ corrective action looks at how and why performance has deviated and then proceeds to correct the source of deviation.

• A)Basic
• B)Remedial
• C)Immediate
• D)Applied

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Definitions:

Operating

Refers to the day-to-day activities involved in running a business that are essential for generating revenue.

Financing

The process of providing funds for business activities, making purchases, or investing, including obtaining loans or issuing stocks.

Investing

Assigning financial resources with the aim of realizing a return or gaining profits.

Purchase of Stock

The act of buying shares in a company, either through a stock exchange or directly from the company.