Which of the following statements best defines a strategy for an organization?
Select one:
A. Adopt a cost effective plan for providing new products and services to customers
B. Become the world's largest provider of consumer goods
C. Increase next year's sales by 10 percent over current year sales
D. Providing high quality products and services to customers (not correct)
To compete on the basis of service, the seller must carefully manage Select one:
A. timely delivery and customer support.
B. the degree to which products or services meet customer's needs. (Not correct)
C. communications between buyer and seller.
D. operating and maintenance costs.
You have decided to start a lawn service business to help pay your tuition so that you can complete your undergraduate accounting degree. You plan to provide various lawn maintenance services that will include lawn mowing services, aeration and fertilization. You and two of your friends have agreed to work for you in this new business endeavor. Which of the following would best describe a goal for your new business?
Select one:
A. Identify new lawn services that will attract new customers and increase revenues. (Not correct)
B. To add five new customers per month.
C. To provide high quality lawn services and make a profit.
D. Become the largest provider of lawn services in the city.
You have decided to start a lawn service business to help pay your tuition so that you can complete your undergraduate accounting degree. You plan to provide various lawn maintenance services that will include lawn mowing services, aeration and fertilization. You and two of your friends have agreed to work for you in this new business endeavor.
Which of the following would best describe controlling for your new business?
Select one:
A. Preparing monthly billing statements for clients
B. Comparing the actual cash balance with the budgeted cash budget each month
C. Preparing a cash budget to estimate your monthly revenues and expenditures (Not correct)
D. Assigning workers to perform lawn services for various clients