Question

FREX Enterprises is a company that manufactures dental surgery equipment. The company has experienced excessive financial losses during the last three years. The _____ for the company would be expected to develop the long-term plans needed to make the company profitable.

Answer 1

The Chief Financial Officer (CFO) would be responsible for developing long-term plans to make FREX Enterprises profitable.

Step-by-step explanation:

The person responsible for developing the long-term plans needed to make FREX Enterprises profitable would be the Chief Financial Officer (CFO).

The CFO is a key executive in a company who is in charge of managing the financial operations of the organization. They are responsible for analyzing financial data, making strategic financial decisions, and developing long-term financial plans to improve the company's profitability.

In the case of FREX Enterprises, the CFO would assess the company's financial situation, identify the reasons for the excessive financial losses, and come up with a comprehensive plan to address the issues and turn the company's financial performance around.