DESCRIBE THE RELATIONSHIP BETWEEN MANAGEMENT, MARKETING, FINANCE,...

97. - TEST BANK FOR BUSINESS A CHANGING WORLD 5TH CANADIAN EDITION BY FERRELL 97. - TEST BANK FOR BUSINESS A CHANGING WORLD 5TH CANADIAN EDITION BY FERRELL
TEST BANK FOR BUSINESS A CHANGING WORLD 5TH CANADIAN EDITION BY FERRELL
97. Describe the relationship between management, marketing, finance, owners, employees, and customers.

Explanation:

Answers will varyFeedback: Management involves coordinating the efforts of employees to achieve organizational objectives. Marketing involves activities designed to provide goods and services that satisfy customers. Finance involves activities concerned with obtaining money—from owners and investors and other sources—and using it effectively. Bloom's: ComprehensionDifficulty: EasyLearning Objective: 01-02 Identify the main participants and activities of business; and explain why studying business is important.Essay Question