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EOPA CStanley1
entreprenuership
| Question | Answer |
|---|---|
| what is strategic planning? | the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals |
| skills that involve the ability to perform tasks in a specific discipline or department is called? | technical skills |
| what does ebitda mean? | Earnings before Interest, Taxes, Depreciation and Amortization |
| what does long term liabilities mean? | financial obligations that will take the business more than one year to repay. |
| taxes built up over time, unpaid taxes are called what? | accrued taxes |
| what are retained profits? | reserves, the amount of profit which is kept back by a business for future investment |
| solutios |