From a Micro View, Which of the Following Is the Best

question 128

Multiple Choice

From a micro view, which of the following is the best example of marketing?

• A) North Korea unveils a new five-year production plan.
• B) China and the U.S. agree on a new trade agreement.
• C) The American Red Cross seeks more blood donors.
• D) The Internet makes it possible for firms to reach customers in other countries.
• E) None of these is a good example.

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Definitions:

For-Profit Corporation

A type of organization that is intended to operate with the goal of making a profit for its shareholders.

Owners

Individuals or entities that hold the legal right or title to property, assets, or intellectual property.

Not-For-Profit Corporation

A type of legal entity organized for purposes other than generating profit. Any surplus revenues are used to further its objectives rather than distributed to shareholders.

Surplus Revenue

the amount of income that exceeds the total cost of operations, often discussed in the context of businesses and government budgets.