Jamie Owns a Small Moving Company

question 12

Multiple Choice

Jamie owns a small moving company.She has decided to take a few night school business courses because her company is growing quickly and there are many things she does not understand.Should Jamie enrol in a marketing course?

• A)Yes,because marketing is synonymous with selling,and Jamie will want to learn sales techniques to continue the growth of the company.
• B)Yes,because the concept of marketing will help Jamie to better satisfy her customers.
• C)No,because marketing should be done by experts not someone who has taken one course.
• D)Yes,because marketing helps businesses sell products that people wouldn't have thought to buy without being marketed to.

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Definitions:

Controllable Costs

Expenses that a manager or organization has the power to influence or change, often within a specific time frame.

Generally Accepted Accounting Principles

A set of accounting standards and practices that are widely accepted and used in the U.S. for financial reporting and accounting.

Controllable Cost

Costs that can be influenced or managed by a decision-maker within a certain period.

Managerial Responsibility

The obligation of managers to make decisions, supervise subordinates, and implement activities that contribute to achieving the organization's objectives.