Which of the Following Statements Regarding Organizational Foundation Is MOST

question 289

Multiple Choice

Which of the following statements regarding organizational foundation is MOST ACCURATE?

• A)An organizational foundation specifies its goals.
• B)An organizational foundation defines the business that it is in.
• C)An organization's foundation empowers stakeholders to have a voice in the strategic marketing process.
• D)An organization's foundation is its philosophical reason for being-why it exists.
• E)An organization's foundation is the company,its product,and its customers.

---

Definitions:

Leverage

The use of various financial instruments or borrowed capital, such as debt, to increase the potential return of an investment.

Activity

Actions taken or work performed, typically aimed at achieving certain goals or objectives.

Profitability

The ability of a business to earn a profit, which is a financial gain that results when the amount of revenue gained from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Asset Management

The practice of strategically managing company or individual assets to increase value and achieve financial objectives.