GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Obtaining the money needed to start and operate a business is a marketing function known as ____
A
Market research
B
Pricing
C
Distrubuting
D
Financing
Explanation: 

Detailed explanation-1: -Financing is a marketing function that involves securing funding-either internally or externally-to create marketing campaigns. It’s important for marketing teams to secure enough availability in their annual budget to improve previous marketing campaigns and remain updated with industry trends.

Detailed explanation-2: -Startup capital is the money raised by an entrepreneur to underwrite the costs of a venture until it begins to turn a profit. Venture capitalists, angel investors, and traditional banks are among the sources of startup capital.

Detailed explanation-3: -The capital of a business is the money it has available to pay for its day-to-day operations and to fund its future growth. The four major types of capital include working capital, debt, equity, and trading capital.

Detailed explanation-4: -Business finance is the cornerstone of every organization. It refers to the corpus of funds and credit employed in a business. Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities. Precisely, it is required for running all the business operations.

There is 1 question to complete.