Because of the Hostile External Environment, AKY Consulting Treats Its

question 67

Multiple Choice

Because of the hostile external environment, AKY Consulting treats its multiyear corporate-level plan as a _____ plan in order to maintain flexibility without losing sight of the need to plan for the long term.

• A)fixed
• B)general
• C)standing
• D)rolling
• E)business

---

Definitions:

Standby Equipment

This term describes equipment that is kept on site and is ready to be used as a backup or support in case the primary equipment fails or needs maintenance.

Breakdown

A detailed analysis or classification of something into its constituent parts.

Long-Lived Assets

Assets with a useful life longer than one year, such as buildings, machinery, and equipment, used in the operation of a business.

Held for Sale

Assets or business segments classified as being available for immediate sale and expected to be sold within one year.