When determining goals to increase profitability,the assumption that a company can gain a larger share of its market is an example of a(an)________.
A)premise
B)objective
C)contingency
D)affirmation
E)standing plan

Question

Quizplus · Accepted Answer

A premise is an assumption or proposition that forms the basis for a strategy or plan. In this context, assuming that a company can gain a larger share of its market is a foundational belief that would inform goal setting and strategic planning to increase profitability.

When Determining Goals to Increase Profitability,the Assumption That a Company