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What is the key focus of the "task oriented" budgeting method?
  • a)
    Matching the competition's budget
  • b)
    Setting the budget as a percentage of profit
  • c)
    Achieving specific tasks or goals through promotion
  • d)
    Investing based on the company's past sales performance
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the key focus of the "task oriented" budgeting metho...
The "task oriented" budgeting method focuses on identifying specific tasks or goals that the promotional campaign aims to achieve. It involves creating a promotional menu with various tactics, prioritizing them, assigning costs, and then formulating the budget based on what is essential and achievable for the company. This method ensures that promotion drives the overall marketing strategy.
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What is the key focus of the "task oriented" budgeting method?a)Matching the competition's budgetb)Setting the budget as a percentage of profitc)Achieving specific tasks or goals through promotiond)Investing based on the company's past sales performanceCorrect answer is option 'C'. Can you explain this answer?
Question Description
What is the key focus of the "task oriented" budgeting method?a)Matching the competition's budgetb)Setting the budget as a percentage of profitc)Achieving specific tasks or goals through promotiond)Investing based on the company's past sales performanceCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the key focus of the "task oriented" budgeting method?a)Matching the competition's budgetb)Setting the budget as a percentage of profitc)Achieving specific tasks or goals through promotiond)Investing based on the company's past sales performanceCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the key focus of the "task oriented" budgeting method?a)Matching the competition's budgetb)Setting the budget as a percentage of profitc)Achieving specific tasks or goals through promotiond)Investing based on the company's past sales performanceCorrect answer is option 'C'. Can you explain this answer?.
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