In which type of selling does the buyer typically go to the seller?
A) Industrial selling
B) Missionary selling
C) Creative selling
D) Personal selling
E) Retail selling
Answer: E
Explanation: E) In retail selling, the buyer usually comes to the seller, whereas the industrial salesperson typically calls on the prospective buyer.
You might also like to view...
One of the main parts of an annual report of a publicly held corporation is the five- to ten-year projection
Indicate whether the statement is true or false
Companies pursuing a home replication strategy
A. have local subsidiaries that develop unique country-level capabilities. B. have high levels of local market customization. C. often have duplication of manufacturing facilities. D. have loose headquarters control over product strategy. E. usually have low operating costs and high efficiency.
A limited partnership is formed when the ________ is filed
A) certificate of cancellation B) articles of limited partnership C) limited trade affidavit D) certificate of limited partnership
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine the objective function for the LP formulation.
A. Maximize profit = $11 (Number of shirts to be produced + Number of pairs of pants to be produced) B. Maximize profit = $5 Number of shirts to be produced C. Maximize profit = $6 Number of pairs of pants to be produced D. Maximize profit = ($5 Number of shirts to be produced) + ($6 Number of pairs of pants to be produced)