Business strategy is incorporated in budgets through:
I. Proposed changes in product emphasis
II. Revenue forecasts for new products
III. Proposed changes in discretionary expenses such as research and development
A) I and II only
B) I and III only
C) I, II, and III
D) II and III only

Question

Quizplus · Accepted Answer

Business strategy includes proposed changes in product emphasis, revenue forecasts for new products, and proposed changes in discretionary expenses such as research and development. All of these factors need to be considered and incorporated in budgets to align with the overall business strategy. Therefore, choice C, which includes all three options, is the best answer.

Business Strategy Is Incorporated in Budgets Through