Which of the Following Short-Term Goals Is Stated Most Clearly

question 11

Multiple Choice

Which of the following short-term goals is stated most clearly?

• A)Buy a car for less than $17,000 within 6 months
• B)Retire in 10 years at age 65 with $2,000,000 in my 401(k)account
• C)Purchase a house with a mortgage no greater than $150,000 within 5 years
• D)Set up an emergency fund
• E)Invest $50 per month for the next 18 years for my nephew's college fund

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Definitions:

Understand the Customer

The process of gaining insights into customers' needs, preferences, and behaviors to effectively tailor marketing efforts and product development.

Supply Chain

The system of organizations, people, activities, information, and resources involved in supplying a product or service from suppliers to consumers.

Logistics Costs

Expenses involved in the procurement, storage, and transportation of goods from the manufacturer to the end user.

Retail Price

the final cost at which a product is sold to consumers, including any markups by retailers.