In a Company,if All the Marketing Functions and Activities Are

question 26

Multiple Choice

In a company,if all the marketing functions and activities are performed by a single internal organization and there is no involvement of an external middleman,the company is said to be _____.

• A)vertically integrated
• B)horizontally integrated
• C)following the wheel-and-spoke system
• D)following the cohesive distribution system

---

Definitions:

Sensorimotor Stage

This is the first stage of Jean Piaget's theory of cognitive development, where infants learn about the world through their senses and actions.

Concrete Operations

A stage in Piaget's theory of cognitive development where children aged 7-11 start thinking logically about concrete events but still struggle with abstract concepts.

Formal Operations

A stage in Piaget's theory of cognitive development (beginning around age 12) where individuals develop the ability to think about abstract concepts and logically test hypotheses.

Deferred Imitation

A cognitive ability where an individual can replicate an action or behavior after a delay or pause, indicating memory and understanding.