Which of the Following Scenarios Illustrates Business Marketing

question 74

Multiple Choice

Which of the following scenarios illustrates business marketing?

• A)Molly,a university student,buys a book to gift her friend.
• B)Tom,the accountant at Martel Inc. ,buys a pair of shoes for his daughter.
• C)Mark,a school student,purchases a laptop for his personal use.
• D)Jenny,the manager of Ikon Inc. ,purchases a set of printers for her office.

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Definitions:

Master Budget

A comprehensive financial planning document that includes all of the organization's financial plans.

Credit Sales

Sales made to customers on credit, allowing them to purchase now and pay later, creating accounts receivable for the company.

Selling Expense

Costs incurred to promote, sell, or distribute a product or service, such as advertising and commission.

Administrative Expense

Costs related to the general administration of a business, including salaries of senior executives, costs of general services, and office supplies among others.