This Is a Technique Used by Business Firms to Determine

question 25

Multiple Choice

This is a technique used by business firms to determine it their various programs, products, and services are in line with their strategies and goals.

• A) Stakeholder analysis
• B) Balanced scorecard
• C) Portfolio analysis
• D) External vision statement

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Definitions:

Purchased Equipment

Fixed assets acquired by a company for use in the production or supply of goods and services, not for resale.

Accounting Equation

The fundamental equation of accounting, represented as Assets = Liabilities + Equity, serving as the foundation for double-entry bookkeeping.

Utility Bill

A statement of charges incurred for services such as electricity, gas, water, or sewage.

Corporation

A legal entity owned by shareholders, with rights and liabilities distinct from those of its owners.