_____ Is an Element of the Management Activity in a Business

question 15

Multiple Choice

_____ is an element of the management activity in a business.

• A)Production
• B)Advertising
• C)Sales promotion
• D)Personal selling
• E)Publicity

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Definitions:

Capitalist Country

A country that operates on the economic system of capitalism, where private individuals own the means of production and operate for profit.

Resources

The assets, materials, and inputs used to produce goods and services, including natural resources, human talent, and capital.

Fascism

A political ideology characterized by authoritarian power, dictatorial leadership, and the suppression of democratic institutions and societal opposition.

Means of Production

The physical, non-human inputs used for the production of economic value, such as factories, tools, and raw materials.