Finding Attractive Opportunities and Developing Profitable Marketing Strategies Are the Tasks

question 149

True/False

Finding attractive opportunities and developing profitable marketing strategies are the tasks included in the marketing manager's marketing strategy planning job.

---

Definitions:

Cashier's Check

A check issued by a bank and drawn from its own funds rather than those of a personal account, typically used for significant transactions where guaranteed funds are required.

Trade Acceptance

A draft that is drawn by a seller of goods ordering the buyer to pay a specified sum of money to the seller, usually at a stated time in the future. The buyer accepts the draft by signing the face of the draft, thus creating an enforceable obligation to pay the draft when it comes due. On a trade acceptance, the seller is both the drawer and the payee.

Draft

A preliminary version of a document or an order for payment issued by one party to another.

Buyer

An individual or entity that purchases goods or services from another party in an exchange transaction.