Tag: elements of business
Questions Related to elements of business
Which of the following is a selling expense?
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Any tax/freight is paid on purchases
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General salaries paid to laborers
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Tax & freight paid on sale
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Interest on deposits
What is Personal selling?
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A recent and powerful form of persuasion.
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Non personal stimulation of demand for a product or service.
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An oral, face-to-face presentation with one or more perspective purchasers for the purpose of making sales.
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Only paid form of non-personal presentation of goods or ideas by an identified sponsor.
_____________ provides direct and immediate feedback.
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Trade mark
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Packaging
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Personal Selling
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Advertising
The selling agent can get instant feedback from the prospective buyer.
Personal selling minimizes the wastage of time and efforts.
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True
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False
________ involves oral presentation of message in the form of conversation.
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Sales promotion
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Personal selling
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Publicity
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Advertising
Personal selling involves oral presentation of message in the form of conversation .
Customer gets ________ through personal selling.
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Refunds
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Latest market information
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Discounts
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Report
Customer gets latest marketing information through personal selling . In personal selling the sales person directly contacts the buyer or the customer .
Direct feedback is one of the demerits of personal selling.
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True
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False
False , direct feedback is one of the merits of personal selling .
Personal selling is more expensive than advertising.
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True
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False
Out of the following selling tactics and practices are not indicative of an unconscionable transaction?
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Grossly excessive pricing
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Not taking advantage of those in desperate straits.
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Excessive interest rates.
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Taking advantage of the illiterate or mentally disabled
Social media marketing is a form of personal selling.
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True
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False