The Financing Function of Marketing Involves

question 220

Multiple Choice

The financing function of marketing involves:

• A)making sufficient quantities of goods available in the marketplace.
• B)ensuring products meet established quality and quantity standards.
• C)providing funds to buyers for building inventories prior to sales.
• D)using advertising, personal selling, and sales promotion to match goods and services to customers.

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Definitions:

Incentive Bonus

A form of additional compensation paid to an employee as a reward for achieving certain goals or exceptional performance.

Gross Return

The total return on an investment before any deductions for fees or expenses.

Expense Ratio

A measure of what it costs an investment company to operate a mutual fund, expressed as a percentage of the fund's average assets per annum.

Total Expense Ratio

It quantifies the total cost of fund management and operating expenses, expressed as a percentage of the fund’s total assets.