Which of the Following Is False

question 47

Multiple Choice

Which of the following is false?

• A)The payments mechanism is the means by which transactions are completed; how money is transferred among transactors.
• B)When you write a check at the grocers, dollars are then credited (added) to the deposit account of the grocer, and debited (removed) from your account.
• C)The balances in checkable deposits are money.
• D)Technological advances are making checks much more important as a means of payment than in the past.

Comprehend the significance of handling change within an organization and the skills required for implementing it.

Appreciate the role of vision in management and how it influences employee behavior and organizational direction.

Understand the strategic aspects of staffing in achieving organizational goals.

Insight into the processes and benefits of encouraging innovative thinking in an organization.

---

Definitions:

IMC Process

Integrated Marketing Communications; a strategic approach to ensure that all brand contacts received by a customer or prospect are relevant to that person and consistent over time.

Interference

In communication, any external or internal factors that distort or hinder the delivery and comprehension of a message.

AIDA Model

A marketing model that outlines the stages a consumer goes through in the process of purchasing a product: Attention, Interest, Desire, and Action.

Awareness

The degree to which people are familiar with a brand, product, or issue, often seen as the first step in the marketing funnel.