Examlex
In any market-oriented firm,members of the salesforce and marketing department tend to have disagreements when things go wrong with a customer.The marketers blame the salespeople for poorly executing their strategies,while the salespeople blame the marketers for being out of touch with the customer.Which of the following steps should upper-level management take to help bring the sales and marketing functions closer together?
Limited Liability
A legal structure that limits the personal financial risk of the business owners, protecting their personal assets from the debts and liabilities of the business.
Sole Proprietorship
A business owned and operated by a single individual, with no distinction between the business and the owner.
Closely Held Corporation
A type of company that is owned by a small group of people who are usually closely associated with the business.
Publicly Trades
Pertains to companies whose shares are bought and sold on stock exchanges, allowing investors to purchase ownership interests in the businesses.
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