Harold and zack have pooled their money together to buy real estate but have filed no formal papers to form a business. harold, a lawyer, handles all the legal matters and zack, a real estate broker, finds buyers for the property they have subdivided. harold and zack are engaged in a
a. partnership.
b. professional corporation.
c. close corporation.
d. limited liability company.

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.