Long-Term ______________________________ Represents the Longer-Term Ability of the Firm to Generate

question 8

Short Answer

Long-term ______________________________ represents the longer-term ability of the firm to generate cash internally or from external sources to satisfy plant capacity and debt repayment needs.

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Definitions:

Profit Goal

A financial objective set by businesses that aims to achieve a specific amount of profit over a certain period of time.

Management By Objectives (MBO)

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Employee Motivation

The level of enthusiasm, drive, and commitment that employees bring to their work and roles within an organization.

Manager's Understanding

The comprehension and insight a manager has regarding the workings, dynamics, and needs of their team, organization, and the environment they operate within.