Finance is vital for which of the following business activity (activities)?
Correct answer: D. All of the given optionsFinance
- A. Marketing Research
- B. Product Pricing
- C. Design of marketing and distribution channels
- D. All of the given optionsFinance
Explanation
Finance supports marketing research, pricing decisions, and the design of distribution channels by providing cost, investment, revenue, and profitability analysis. Therefore, all listed activities require financial input.
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About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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