Jamie Owns a Small Moving Company

question 25

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 rather than 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:

Financing Method

Strategies or means by which a company or individual raises funds to support operations, investment activities, or expansions.

Selling Equipment

The process of disposing of business equipment by sale, often to recover costs or allocate resources elsewhere.

Investing Activity

Transactions involving the acquisition or disposal of non-current assets, including investments in other entities.

Operating Activities

These are the day-to-day activities of a business that involve producing and selling goods or providing services, and include cash flows related to sales, expenses, and working capital.