Which of the Following Types of Organisations Is NOT Likely

question 8

Multiple Choice

Which of the following types of organisations is NOT likely to practise marketing?

• A) government departments
• B) educational institutions
• C) not- for- profit organisations
• D) all of the above
• E) none of the above (i.e. A- C are likely to practise marketing)

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Definitions:

Operating Period

The length of time during which a business or a project is expected to operate or carry out its primary operations.

Break-even Sales

The amount of revenue needed to cover all fixed and variable costs, resulting in zero net profit or loss.

Business Division

A distinct part of a large company that operates under the firm's umbrella but focuses on a particular area of business or market segment.

Break-even Sales

The amount of revenue required to cover both the fixed and variable costs of production, resulting in no net profit or loss.