Which of the Following Is Not a Benefit of Following

question 63

Multiple Choice

Which of the following is not a benefit of following a well-designed budgeting process?

• A) Improved decision-making processes.
• B) Improved performance evaluations.
• C) Improved coordination of business activities.
• D) Assurance of future profits.
• E) Improved commitment to meet expected performance by those affected.

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Definitions:

Conducting Attitude Surveys

The process of gathering and analyzing data on the perceptions, opinions, or feelings of individuals or groups towards specific subjects or issues.

Human Capital

An organization's employees, described in terms of their training, experience, judgment, intelligence, relationships, and insight.

Economic Value

The worth of a good or service determined by the market, based on its ability to generate income or its utility to consumers.

Sustainable Competitive Advantage

A unique advantage that a company is able to sustain over time, protecting it from competition and allowing it to maintain higher margins or market share.