When Marissa Performs the Functions of Planning, Organizing, and Executing

question 87

Multiple Choice

When Marissa performs the functions of planning, organizing, and executing activities that increase sales and profits in her territory, she is engaged in which of the following activities?

• A)territory management
• B)operating
• C)sales management
• D)marketing
• E)time management

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Definitions:

Expected Inflation

The anticipated rate at which the general level of prices for goods and services will rise over a period.

High Inflation

A situation where there is a sustained, rapid increase in the general price level of goods and services in an economy over a period, eroding purchasing power.

High Unemployment

A condition where a large portion of the workforce is not employed, indicating a distressed economy.

Phillips Curve

An economic concept that depicts an inverse relationship between the rate of unemployment and the rate of inflation in an economy.