Which of the Following Would Be Relevant in the Marketing

question 349

Multiple Choice

Which of the following would be relevant in the marketing company era?

• A) Bringing all marketing activities together under the control of one department.
• B) Planning for five or more years ahead.
• C) Reselling goods to consumers and intermediaries.
• D) Focusing on production.

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Definitions:

Annual Interest

The amount of interest due per year as a percentage of the amount lent, deposited, or borrowed.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs.

Explicit Costs

Direct, out-of-pocket payments for goods or services necessary for conducting business.

Items

Individual objects or units, especially those included in a list or collection.