Which of the Following Statements Regarding Marketing and Business Plans

question 27

Multiple Choice

Which of the following statements regarding marketing and business plans is most accurate?

• A)In contrast to a marketing plan,a business plan is a road map for the entire organization for a specified future period of time,such as one year or five years.
• B)In contrast to a business plan,a marketing plan is a road map for the entire organization for a specified future period of time,such as one year or five years.
• C)A marketing plan contains a greater degree of detail regarding research and development,operations,and manufacturing activities of the organization.
• D)A business plan is used for industrial products and a marketing plan is used for consumer products.
• E)A business plan is used for manufactured products and a marketing plan is used for services.

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Definitions:

Banking And Credit Card

Financial services and products that involve managing checking and savings accounts, as well as issuing and servicing credit card accounts.

Vendors And Expenses

Refers to the companies or individuals from whom goods or services are purchased (vendors) and the costs incurred in the operation of a business (expenses).

Employees And Payroll

Employees and payroll refer to the process of managing the payment of wages or salaries to individuals working for an organization, including the calculation of deductions and taxes.

QBO Lists

Customizable lists within QuickBooks Online containing items like products, services, and customers that a business manages.