Today's Visionary Organization Uses Three Key Elements to __________, Set

question 207

Multiple Choice

Today's visionary organization uses three key elements to __________, set a direction, and formulate strategies.

• A)set financial goals
• B)specify its foundation
• C)establish detailed marketing tactics
• D)assign job responsibilities
• E)establish an organizational chart

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Definitions:

ROE

Return on Equity; a measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.

Debt to Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Fixed Costs

Expenses that remain constant for a given period of time, regardless of the level of production or output.

Variable Costs

Costs that change in proportion to the level of goods or services a business produces or sale, such as materials and labor.