A Company's Operating Budget Must

question 68

Multiple Choice

A company's operating budget must

• A)be strategy-driven in order to amply fund the performance of key value chain activities.
• B)be risk-averse, so as not to run the risk of inadvertently creating barriers to building the needed competencies and capabilities.
• C)be employee-driven to gain commitment to strengthening the company's core competencies and competitive capabilities.
• D)trim costs of key value chain activities to achieve cost efficiency in new strategic initiatives.
• E)follow traditional and time-tested methods of budgeting to support rapid adjustments in strategy.

---

Definitions:

Insomnia

A sleep disorder characterized by difficulty falling or staying asleep, by waking too early, or by sleep that is light, restless, or of poor quality.

Dopamine

A type of neurotransmitter associated with pleasure, movement, and the brain's reward system.

Serotonin

A neurotransmitter that plays a key role in mood regulation, appetite, and sleep.

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that is involved in inhibiting excitatory processes and is associated with reducing anxiety.