Maxine Offered to Sell Her Video Camera to Tom for $200

question 63

Multiple Choice

Maxine offered to sell her video camera to Tom for $200 and also stated to Tom,"I will give you two weeks to accept my offer." One week later Tom learned that Maxine had sold the video camera to Cindy.Maxine:

• A) has revoked her offer to Tom.
• B) must sell Tom a video camera for $200 because she made a firm offer to him.
• C) must get the camera back from Cindy if Tom accepts within two weeks.
• D) Both (b)and (c)are appropriate alternatives in this case.

---

Definitions:

CMO

Chief Marketing Officer, a corporate executive responsible for marketing activities in an organization.

Strategic Business Unit Level

A segment of a larger corporation that operates as an independent entity, focusing on a specific market or product.

Target Customers

Specific groups of consumers identified as the intended recipients of a marketing campaign or the primary users of a product or service.

Value-Creating Opportunities

Situations or actions that enhance the worth of goods, services, or a business, often through innovation or by meeting emerging customer needs.