Jim, an Employee of CL Inc

question 103

Multiple Choice

Jim, an employee of CL Inc., is responsible for planning, marketing, budgeting, sales, and profit performance of a specific brand. He has two assistants who help in planning, implementing, and controlling the marketing program. In this scenario, Jim is an example of a(n) _____.

• A)product manager
• B)art director
• C)account executive
• D)copywriter
• E)account director

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Definitions:

Noncontinuing Partner

A member of a partnership who decides to leave, dissolve their interest, or is otherwise no longer part of the ongoing business.

Dissolution

The process of legally dissolving a corporation or partnership, ending its existence as a recognized legal entity.

Apparent Authority

The perceived ability of an agent to act on behalf of another party, based on the actions or statements of the principal.

Dissolution

The process of legally dissolving a corporation or partnership, effectively ending its existence.