Which Top-Down Budgeting Method Is Being Employed When the Budget

question 127

Multiple Choice

Which top-down budgeting method is being employed when the budget is determined based on what is felt to be necessary?

• A)arbitrary allocation
• B)percentage of sales
• C)affordable method
• D)payout planning
• E)competitive parity

Understand the evolution of marketing activities and priorities across different historical periods.

Identify ineffective practices in implementing the marketing concept.

Appreciate the significance of research, adaptation, and development in meeting changing consumer needs.

Recognize the strategic importance of customer convenience and subjective value assessments in marketing.

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Definitions:

Managing Organization Culture

Refers to the leadership and management practices that shape, maintain, and change the culture of an organization, influencing norms, values, and behaviors.

Subcultures

Groups within a larger culture that have their own distinct values, beliefs, and practices but also share some commonalities with the broader culture.

Type of Technology

Refers to the categories or classifications of technology based on purpose, application, or function, such as information technology, biotechnology, or nanotechnology.

Specific Function

a distinct activity or role designed to achieve a certain objective within a larger system or organization.