Question

The marketing department of an organization is responsible for facilitating _______. A. coordination between the various departments within the entire firm. B. relationships, partnerships, and alliances with the organization’s customers, shareholders, suppliers, and other organizations. C. alliances with firms with non-competitive products that target similar markets. D. healthy competition with other product manufacturers. E. financial contracts with banks and other lending institutions.

Answer 1

Answer:

B. relationships, partnerships, and alliances with the organization’s customers, shareholders, suppliers, and other organizations.

Explanation:

The marketing department of an organization is responsible for promoting the brand of the organization to existing and potential customers, existing and former employees, the general community, suppliers etc. The department is also responsible for conducting research to identify potential business opportunities and partnerships.