A Marketing Orientation Is Described as _____

question 13

Multiple Choice

A marketing orientation is described as _____.

• A) understanding the consumer's needs while achieving the organization's objectives
• B) the coordinated set of elements that sports organizations use to meet their marketing objectives and satisfy consumer needs
• C) a sports organization that will do anything to satisfy its consumers
• D) sharing the information gathered to make market decisions
• E) all of the above

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Definitions:

Cash Basis

A financial recording strategy that logs earnings and expenditures upon the actual receipt or payment of money, as opposed to when they are earned or incurred.

Direct Method

A way of preparing a cash flow statement where cash receipts and payments are reported directly.

Operating Activities

Transactions and other events related to the core business operations, affecting the operational cash flows of a company.

Selling and Administrative Expense

A category of expenses including overheads related to the general operation of a company, such as executive salaries, marketing, office supplies, and utilities.