Which Activities Belong in the Marketing Department

question 322

Multiple Choice

Which activities belong in the marketing department?

• A)Records, measures, and reports monetary transactions.
• B)Tracks strategic financial issues, including money, banking, credit, investments, and assets.
• C)Supports the sales by planning, pricing, and promoting goods or services is marketing.
• D)Relies on information from operations to understand inventory, place orders, and forecast consumer demand.

---

Definitions:

Invisible Hand

a metaphor introduced by Adam Smith to describe the self-regulating behavior of the marketplace, where individual self-interests promote the good of the community.

Economist

A professional who studies how societies use resources to produce goods and services and distribute them among various groups.

Wealth Of Nations

Refers to "The Wealth of Nations," an influential book by Adam Smith that outlines the basics of free market economics.

Government Intervention

Government intervention refers to regulatory actions taken by a government to affect or influence the economy, market operations, or social welfare.