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Question 1: Which of the following is true of rule-of-thumb methods for allocating IMC budgets?
A. It creates a budget by first establishing a set of communication objectives.
B. It uses prior sales to determine the present communication budget.
C. It allots a budget according to the profits made in previous quarters.
D. It requires limited negotiation among managers.
E. It allocates an equal budget for all departments.
Correct Answer: B
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