________ addresses the question of what business a firm should be in over the long run.
A)Capital budgeting
B)Capital structure
C)Working capital management
D)Accounts receivable management

Question

Quizplus · Accepted Answer

Capital budgeting involves making decisions about long-term investments, such as which projects to pursue and what assets to acquire. Within this process, firms must consider what businesses they want to be in over the long run, as this will impact their investment decisions. Capital structure, working capital management, and accounts receivable management are important financial considerations but do not directly address the question of a firm's long-term business strategy.

________ Addresses the Question of What Business a Firm Should