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Which of the Following Is a Factor Required for Marketing

question 99

Multiple Choice

Which of the following is a factor required for marketing to occur?

Differentiate between cash and cash equivalents.
Comprehend the gross method of recording purchases.
Master the internal controls applicable to cash management and its related banking activities.
Perform bank reconciliations and related accounting adjustments.

Definitions:

Differentiation

The process of distinguishing a product or service from others to make it more attractive to a particular target market.

Cost

The amount of money required to purchase something or the expense associated with producing a service or carrying out a project.

Business Strategies

Comprehensive plans crafted by organizations to achieve competitive advantage, meet customer needs, and ensure long-term profitability and growth.

Horizontal Fit

involves the alignment of HR practices with each other to ensure they are coherent and mutually supportive in achieving organizational goals.

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