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Round the Number 3456.5 to Two Significant Figures

question 49

Multiple Choice

Round the number 3456.5 to two significant figures.

Distinguish between direct distribution, the use of marketing intermediaries, and their impacts on manufacturers.
Appreciate the role of branding and brand management in marketing strategy.
Recognize the importance of physical distribution, packaging, labeling, and other elements of product strategy.
Understand the role and responsibility of product managers and category managers within an organization.

Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing better budgeting accuracy.

Occupancy Expenses

Costs associated with occupying a space, including rent, utilities, and other maintenance fees.

Client-Visits

The act of meeting with clients or potential clients in person to discuss business, build relationships, or offer support.

Flexible Budget

A flexible budget that varies with activity levels or volume, enabling more precise budgeting and analysis of discrepancies.

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