Which of the Following Is Not One of the Plans

question 21

Multiple Choice

Which of the following is not one of the plans for retiring business owners?

• A) retirement plan.
• B) estate plan.
• C) succession plan.
• D) tax plan.

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Definitions:

Advertising

A form of marketing communication used to promote or sell a product, service, or idea through various mediums, such as TV, radio, print, or online platforms.

Nonpersonal Selling

Selling tactics that do not involve face-to-face interaction with consumers, such as advertising, direct mail, and online marketing.

Discount Pricing

A strategy where products or services are sold at a reduced price to attract customers and increase sales volume.

Special Price Reductions

Discounts offered on goods or services beyond the usual pricing, often to promote sales or clear inventory.