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After Brainstorming and Generating a List of Possible Main Points

question 21

Multiple Choice

After brainstorming and generating a list of possible main points, the next thing to do when organizing your speech is to

Understand the components involved in preparing a Direct Materials Purchase Budget.
Calculate the desired ending inventory for materials required in production.
Determine the budgeted direct labor cost per unit for products.
Calculate total material costs based on production needs and material cost per yard or kilogram.

Definitions:

Competition

The rivalry between companies selling similar products or services with the goal of achieving revenue, profit, and market share growth.

Competitive Position

A company's standing or ranking in relation to its competitors in terms of market share, profitability, and brand strength.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.

Cascade Down

A process or method where information, decisions, or policies are passed down through a hierarchy from higher to lower levels.

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