A ________ is a savings plan offered by some employers that allows each employee to have pretax earnings deposited into a specially designated account for paying qualified medical and dependant care bills
A) medical distribution account
B) planned provider account
C) group practice plan
D) flexible spending account
E) planned reimbursement account
Answer: D
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Extel Inc., a home appliance manufacturer, uses sales representatives to sell its products to wholesalers and individual customers. This is an example of ________
A) sales promotion B) personal selling C) public relations D) direct marketing E) advertising
Frank is a salesperson of Richard Laundry Equipment. He wants to give a presentation to a five star hotel for setting up an in-house laundry system. The hotel manager sent Frank the hotel's requirements and space constraints for a laundry system. Frank prepared a layout which suited the hotel's requirements. Frank has to select an approach for his allotted ten minute presentation. What advice can you give to Frank?
A. Open with a demonstration to convince the prospect. B. Use the curiosity approach to generate interest. C. Use the product approach to make the prospect aware of discounts. D. Use customer benefit statements due to the time allotment. E. Open with the premium approach as the prospect is a five star hotel.
A trade allowance is a price reduction offered by retailers to customers who are buying homogeneous shopping goods
Indicate whether the statement is true or false a. True b. False
What are the objective function terms that involve the demand locations?
What will be an ideal response?