In a Means-Ends Chain, a Goal at a Lower Level

question 58

Multiple Choice

In a means-ends chain, a goal at a lower level is _________.

• A)attained only after higher level goals are fulfilled
• B)ignored if goals at higher levels are attained
• C)the bridge to a goal at the next higher level
• D)separate from the goal at the next higher level

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Definitions:

Interest Revenue

Income earned by a company from its lending activities or from holding interest-bearing financial assets.

Seasonal Revenues

Income generated from business activities that fluctuates according to the season or a particular time of year, typical in industries like retail and agriculture.

Full Disclosure

A principle that requires a company to provide all necessary information in its financial statements that affects the understanding of those statements.