Which of the Following Key Planning Elements Involves a Competitive

question 98

Multiple Choice

Which of the following key planning elements involves a competitive advantage that can be defended and says that the focus should be on customers?

• A) opportunity
• B) risk and reward
• C) people
• D) competition
• E) context

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Definitions:

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee but does not control it.

Statement of Cash Flows

A financial report summarizing the amount of cash and cash equivalents entering and leaving a company.

Investing Activities

Financial actions related to the purchase and sale of long-term assets and investments, which are reflected on the cash flow statement.

Operating Activities

Part of a company's cash flow statement that shows the cash generated or used by its core business operations.