Despite Its Name, Choco Central Is Located in a Small

question 22

Multiple Choice

Despite its name, Choco Central is located in a small shopping center far from customers. However, the company enjoys outstanding business because satisfied customers share their enjoyable experiences at Choco Central with their friends and relatives. Choco Central apparently benefits from positive

• A) trade advertising.
• B) word of mouth.
• C) sales promotion.
• D) public relations.

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Definitions:

Function

The specific purpose or activity for which something is used or designed to do.

Partnerships

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Competent Manager

An individual who possesses the necessary skills, knowledge, and experience to effectively direct and control business operations.

Previous Business Success

The accomplishments and positive outcomes achieved by a business in its past operations, often used to gauge potential for future success.