The function that keeps track of all the company's financial transactions by documenting the money coming in and money going out and balancing the accounts at the end of the period refers to the auditing function.

Teresa is a highly motivated sales rep. She will likely spend considerable time

A. Managing her commission structure B. Developing sales presentations C. Minimizing her cold calling D. Promoting herself E. All of the above

Which of the following best describes a marketing department with a functional organization?

A) A company creates large teams, or even whole divisions, to serve domestic and international markets. B) Marketing managers are responsible for developing marketing strategies and plans for their specific markets or customers, and the company is organized around the needs of specific customer segments. C) A product manager develops and implements a complete strategy and marketing program for a specific product or brand. D) Sales and marketing people are assigned to specific countries, regions, and districts. E) Different marketing activities are headed by specialists such as sales managers, advertising managers, marketing research managers, and customer service managers.