Question

match the word with the correct definition.
possible points: 17
department responsible for managing the use of company funds, obtaining needed funds and creating a financial plan
four interrelated marketing strategies used to meet consumer needs; consist of product, price, promotion and place
financial statement which reports net income or net loss of a company
department responsible for creating products which meet consumer wants and needs, guiding products through the product life cycle and understanding consumers through marketing research
marketing mix
finance
marketing
income statement

Explanation:

1. The department responsible for managing company funds, obtaining funds and creating a financial plan is Finance.
2. The four inter - related marketing strategies (product, price, promotion, place) are the Marketing Mix.
3. The financial statement reporting net income or net loss of a company is the Income Statement.
4. The department creating products to meet consumer wants, guiding through product life cycle and doing marketing research is Marketing.

Answer:

1. Finance
2. Marketing Mix
3. Income Statement
4. Marketing