Finance Is ________

question 76

Multiple Choice

Finance is ________.

• A) the system of verifying, analyzing, and recording business transactions
• B) the science of production, distribution, and consumption of goods and services
• C) the art and science of managing money
• D) the art of merchandising products and services

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Definitions:

Marketing Channel

Pathways and intermediaries involved in the distribution of goods and services from producers to consumers.

Strategic Channel Alliance

A cooperative agreement between businesses to use each other's distribution channels to sell products or services.

Cereals Partners Worldwide

A joint venture between General Mills and Nestlé that focuses on the production and sale of breakfast cereal products globally.

Global Business

The conduct of business activities that involve transactions across national borders, reflecting the international scope of today's economies.