Which of the Following Is an Advantage of Using Actual

question 127

Multiple Choice

Which of the following is an advantage of using actual input data from past periods to develop a budget?

• A) Past inefficiencies are excluded in the preparation of new budget.
• B) Expected future changes are incorporated in the preparation of new budget.
• C) Information is available at a low cost.
• D) Data represents the ideal performance.

Gain insights into the Industrial Organization (IO) perspective on industry structure, performance, and competitive advantage.

Understand the limitations of competitive models and strategies in providing sustainable competitive advantage.

Understand the limitations and potential pitfalls of adopting best practices as a pathway to success.

Analyze the impact of supplier relationships on a company's profitability and value capture.

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Definitions:

Rotavirus (RV)

A highly contagious virus that causes gastroenteritis, mainly in infants and young children, characterized by diarrhea and vomiting.

Diphtheria, Tetanus, Pertussis (DTaP)

A combined vaccine that protects against three serious bacterial diseases: diphtheria, tetanus, and pertussis (whooping cough).

Haemophilus Influenzae Type B (HIB)

A bacterium that can cause serious infections, particularly in young children, including pneumonia, meningitis, and epiglottitis.

Chickenpox

A highly contagious viral infection causing an itchy, blister-like rash on the skin.