From a Strategic Management Perspective,the Primary Reason a Firm Performs

question 62

Multiple Choice

From a strategic management perspective,the primary reason a firm performs CVP analysis for breakeven planning is to find the level of sales that:

• A)Assures the firm a desired level of profit.
• B)Will allow the firm to compete in a market place.
• C)Will just cover all fixed costs.
• D)Promises a satisfactory growth in revenue.
• E)Reduces the threat of bankruptcy.

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Definitions:

Operational Plans

Very short-term plans that specify what actions individuals, work groups, or departments need to accomplish in order to achieve the tactical plan and ultimately the strategic plan.