A Singles Business Aims Its Promotions Toward Singles Between the Ages

question 163

Multiple Choice

A singles business aims its promotions toward singles between the ages of 25 and 40 who reside in a specific county. The business has ______.

• A) selected a target market
• B) developed a marketing plan
• C) developed a marketing mix
• D) created person utility

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Definitions:

Operating Agreement

A document that outlines the governance and operational guidelines of a limited liability company (LLC).

Voting Rights

The entitlement of individuals to participate in the election of government officials and in the process of decision-making.

Member-Managers

Individuals in a limited liability company (LLC) who are both owners (members) and actively involved in managing the day-to-day operations.

Power To Dissociate

The legal ability of a partner or member to separate from a partnership or other business entity under specific conditions.