Examlex

Solved

As Chairman of the Marketing Department at a Local University,you

question 20

Essay

As chairman of the Marketing Department at a local university,you are faced with overdemand for some marketing courses and underdemand for others.Explain how would you go about balancing the service capacity and customer (student)demand for your courses?


Definitions:

Collateral

refers to assets that are pledged as security for the repayment of a loan, ensuring the lender can seize the assets if the loan is not repaid.

Reimbursement

The process of compensating someone for an expense they have incurred.

Surety

A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling the terms of a contract.

Outlays

Expenditures or the amount of money expended in the course of conducting business or executing a project.

Related Questions