________ Is the Development of Strategies to Exploit Opportunities and Manage

question 29

Essay

________ is the development of strategies to exploit opportunities and manage threats in the business environment in light of corporate strengths and weaknesses.

---

Definitions:

Effective Annual Interest Rate

The actual interest rate on an investment or loan when compounding occurs more frequently than annually, reflecting the true financial cost or yield over a year.

IRA Account

Individual Retirement Account; a tax-advantaged investing tool that individuals use to earmark funds for retirement savings.

End-of-year Payments

Financial distributions made to investors or employees at the end of a fiscal year, often in the form of bonuses or dividends.

Investment Opportunity

A time-sensitive potential for investment that promises a probable return on the capital invested.