All of the Following Are Internal Factors Which Might Affect

question 63

Multiple Choice

All of the following are internal factors which might affect your sales, except:

• A) the distribution channels you decide to use
• B) level of your promotional effort
• C) fashion trends and cycles
• D) your ability to manage inventory levels effectively

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Definitions:

Affordable Method

A budgeting technique where the cost of an action or project is determined based on what is financially feasible.

Principal Accounting Method

The main system a business uses to maintain its financial records and prepare financial statements, such as accrual or cash basis accounting.

Budgeting Method

A systematic approach to managing income and expenses, ensuring that financial resources are allocated efficiently.

Promotion Mix

The combination of multiple promotional tools used by a company to communicate with its target market and achieve its marketing goals.