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.

---

Definitions:

Reputation

The widespread belief about the character, qualities, and behaviors of an entity or individual, which can influence economic transactions and relationships.

Used-Car Dealers

Businesses that focus on selling pre-owned vehicles to consumers, often offering trade-in options.

Independent Events

Two or more events where the occurrence of one event does not affect the probability of the others.

Different Times

Various points or periods in time, indicating a range of temporal instances or durations.