An Action Item List Refers to an Aid to Implement

question 344

Multiple Choice

An action item list refers to an aid to implement a marketing plan that consists of four columns: (1) the task; (2) __________; (3) the date to finish the task; and (4) what is to be delivered.

• A)the budget
• B)the product or service
• C)the points of difference
• D)the promotional message
• E)the person responsible for completing that task

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Definitions:

Marginal Product of Labor

The additional output a firm produces as a result of hiring one more worker.

Profit-Maximizing

Profit-maximizing refers to strategies or actions taken by businesses to increase their profits to the highest possible level given their resources and market conditions.

Competitive

Characterized by rivalry where entities strive to gain an advantage or win a contest.

Envelopes

Paper or other material covers used to enclose letters or documents, typically for mailing or storage purposes.