The Functional Level,the Marketing Department

question 214

Multiple Choice

the functional level,the marketing department

• A) solicits talent from all levels of the organization for strategic corporate planning sessions.
• B) promotes its goals to the organization's stakeholders.
• C) looks outward, keeping the organization focused on creating value both for it and its customers.
• D) develops the corporate culture.
• E) defines the overall strategic direction of the organization.

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Definitions:

Classical Economists

Economists from the 18th and 19th centuries who focused on the free market, advocating for limited government intervention.

Keynesian

Relating to the economic theories of John Maynard Keynes, advocating for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression.

Classical

Pertains to the classical school of economic thought, focusing on free markets and the self-regulating nature of economies, emphasizing the roles of competition and supply and demand.

Monetarists

Monetarists are economists who believe that variations in the money supply have major influences on national output in the short run and the price level over longer periods.