What is the biggest difficulty in managing cash flows?
a. Reconciling bank statements
b. Preparing budgets
c. Juggling the timing of what's coming in versus what's going out
d. Falling into the growth trap
Answer: c. Juggling the timing of what's coming in versus what's going out
Business
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A web retailer observes several negative social media reviews over the past few weeks due to missed shipments of product. Which reason why control is needed does this best demonstrate?
a. adapt to change and uncertainty b. discover irregularities and errors c. decentralized decision making d. detect opportunities
Business
________ involves looking at whether a company's key action plans are well-matched to its opportunities
A) Operating control B) Benchmarking C) Strategic control D) Regression analysis E) Portfolio analysis
Business