The Only Function in a Business That Has an External

question 19

Multiple Choice

The only function in a business that has an external orientation is

• A) research and development.
• B) marketing.
• C) accounting.
• D) product development.
• E) human resources.

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Definitions:

Performance Quotas

Set targets or benchmarks that employees, departments, or companies aim to achieve within a specific timeframe.

Franchise Agreement

A legal contract between a franchisor and franchisee, outlining the terms and conditions for operating a franchised business, including fees, support, and operational guidelines.

Limited Funds

A situation where there is a scarcity of financial resources available for use.

Business Experience

Acquired understanding and skills gained from participating in commercial activities or running a business.