The way an organization matches its capabilities with available opportunities to accomplish its goals is called _______?
Correct answer: C. strategy
- A. elasticity incurrence
- B. off shoring
- C. strategy
- D. engineering
Explanation
Strategy is the way an organization aligns its capabilities and resources with opportunities to achieve its objectives. Offshoring is only a particular operational choice, not the overall alignment process.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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