Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Directions: Read each statement carefully. Write TRUE if the statement is correct and FALSE if the Statement does not fit the description. 1. Profit companies

Directions: Read each statement carefully. Write TRUE if the statement is correct and FALSE if the Statement does not fit the description.

1. Profit companies are typically owned privately or publicly traded entities for the express purpose of making money available to their owners.

2. Non-profit organizations do raise money, but their main purpose is to use these funds for a particular humanitarian cause.

3. Manufacturing companies are an example of Non- Profit Company

4. Foundation, Church, School is an example of a profit organization

5. The organization can be a Business to Customer and Business to a Business type of company at the same time.

6. For-profit corporations, its sole purpose is to make profits available to their members. _________

7. Non-profit organizations do raise money, but their main purpose is to use these funds for a particular humanitarian cause. __________

8. Business-to-business (B2B) markets to other businesses or organizations who purchase the product as part of a corporate process or use the product in the production of the finished goods they offer to customers. _________

9. Telecommunication companies are example of Non- Profit Company. ________

10. Business-to - consumer (B2C) markets to target the attention on customers or the people who purchase finished goods or products. __________

11. Foundation, Church, School is an example of profit organization. __________

12. Companies or organizations may do both B2B and B2C marketing by targeting different types of customers. __________

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing Mistakes And Successes

Authors: James F. Dartley

11th Edition

978-0470169810, 0470169818

More Books

Students also viewed these Marketing questions