Expressing Plans for a Business in Financial Terms Is Commonly

question 25

Multiple Choice

Expressing plans for a business in financial terms is commonly called:

• A) master planning.
• B) budgeting.
• C) strategic planning.
• D) operational planning.

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Definitions:

Advertising

The activity or profession of producing advertisements for commercial products or services.

Behaviourism

A psychological approach which proposes that all behaviors are either reflexes produced by a response to certain stimuli or a consequence of that individual's history.

Cognitive Psychology

The study of mental processes such as perception, memory, thought, and problem-solving.

Biological Psychology

A branch of psychology concerned with the links between biology and behavior, exploring how brain processes, genetics, and hormones influence actions and thoughts.