Effective Strategies

question 80

Multiple Choice

Effective strategies

• A) develop long-range plans for resource allocation.
• B) provide an in-depth analysis of the organization's internal strengths and weaknesses.
• C) provide managers with a list of environmental contingency factors.
• D) align the organization and environment to achieve goals.
• E) focus on the competition.

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Definitions:

Operating Activities

Activities that relate directly to the primary operations of the company, such as production, distribution, marketing, and selling of goods and services.

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate the cash from operations.

Accounts Receivable

Represents money owed to a company by customers for products or services sold on credit.

Indirect Method

A method of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.