In a _____,One Person Is Responsible for Overseeing an Entire

question 52

Multiple Choice

In a _____,one person is responsible for overseeing an entire product line with all of the functional areas of marketing such as research,advertising,sales promotion,sales,and product planning.

• A)brand-manager system
• B)marketing-manager system
• C)functional departments system
• D)product-management system

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Definitions:

Business Plan

A detailed document outlining the objectives, strategies, financial forecasts, and market analysis of a business.

Business Concept

A business concept that outlines fundamental details like the product or service being offered, the intended market audience, and a distinct selling point that provides the company with a competitive edge.

Financial Section

A part of a business plan or report that contains detailed information about the company's financial status, projections, and strategies.

Pitch Decks

A presentation used by entrepreneurs to provide a quick overview of their business plan and vision to potential investors.