A Subsidiary, Division, or Unit of an Organization That Markets

question 347

Multiple Choice

A subsidiary, division, or unit of an organization that markets a set of related offerings to a clearly defined group of customers is a

• A) strategic business unit.
• B) strategic industry level.
• C) private corporation.
• D) product grouping.
• E) marketing department.

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Definitions:

Budget Surpluses

Occurs when a government's revenues exceed its expenditures during a fiscal period, leading to extra funds.

Budget Deficits

A financial situation where expenditures exceed revenue.

Federal Budget

An annual financial statement presenting the government's proposed revenues and spending for a fiscal year.

Crowds Out

Refers to the effect where increased government spending and borrowing reduce private investment in the markets.