Which of the Following Are Lupe and Her Team Using

question 71

Multiple Choice

Which of the following are Lupe and her team using when they learn from Fresh Sips about its bottling process?

• A)Forecasting
• B)Strategic maneuvering
• C)Domain selection
• D)Benchmarking
• E)Scenario development

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Definitions:

Accounting Costs

Expenses recognized in a company's financial statements or accounts, representing outlays related to its operations and maintenance.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs.

Economic Profit

The surplus remaining after deducting both the explicit and implicit costs from total revenues, representing the financial gain that exceeds the total cost of resources used.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.