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Victoria Runs a Flower Shop

question 133

Multiple Choice

Victoria runs a flower shop.She recently made some changes so that one employee answers phones and completes the order and payment process,while another creates arrangements and a third packages and delivers floral arrangements.Previously,each employee was responsible for the order from the phone call through the delivery.Such changes reflect which one of the following?


Definitions:

New Market

An emerging sector or industry where a company can expand its operations or products to generate growth.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.

Cash Flow Estimates

Projections of the amount of money expected to flow in and out of a business over a specified period, important for budgeting and financial planning.

Finance Project

A planned undertaking in the field of finance, typically involving investment, funding, or analysis to achieve specific financial objectives.

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