Examlex
Which of the following statements by marketing managers is NOT logical and true?
Controllable Costs
Expenses that a manager or business has the power to influence or change in the short term.
Managerial Responsibility
The obligation of managers to make decisions and take actions that maximize the value and effectiveness of an organization.
Top Management
The highest level of managers within an organization, responsible for setting policies, strategic planning, and making significant corporate decisions.
Return on Investment (ROI)
A measure used to evaluate the efficiency of an investment or to compare the efficiency of several different investments, calculated as net profit divided by the cost of the investment.
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