Which of the Following Would NOT Be a Marketing Strength

question 159

Multiple Choice

Which of the following would NOT be a marketing strength for a local coffee shop?

• A) A well-recognized brand.
• B) A patented coffee blend.
• C) Established relations with local businesses.
• D) Access to large amounts of capital from a long-term relationship with a local bank.
• E) Counter staff that knows and understands customer preferences.

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Definitions:

Book Income

The income of a business reported in its financial statements, different from taxable income reported to the IRS.

Taxable Income

The amount of income used to determine how much tax an individual or a corporation owes to the government, after all deductions and exemptions have been accounted for.

Tax-Exempt

A status that exempts individuals or organizations from having to pay certain taxes.

Tax Liability

The total amount of tax owed to the government by an individual, corporation, or other entity within a given tax period.