Which of the Following Departments Is Primarily Responsible for Promoting

question 89

Multiple Choice

Which of the following departments is primarily responsible for promoting discounts, attracting customers, and communicating marketing campaigns?

• A)Accounting and finance
• B)Marketing and sales
• C)Operations management
• D)Human resources

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Definitions:

Compounded Quarterly

Interest calculation method where the interest is added to the principal four times a year, enhancing the effect of compounding over time.

Effective Annual Rate

The interest rate on an investment or loan, calculated annually, that takes into account the effects of compounding.

Simple Interest

Interest calculated only on the original principal and paid only at the maturity date.

GICs

Guaranteed Investment Certificates, a type of Canadian investment that offers a guaranteed rate of return over a fixed period.