Bonus payments, prizes, trips, and other incentives to induce a salesperson to push one product over another are forms of consumer sales promotion.
Answer the following statement true (T) or false (F)
False
Bonus payments, prizes, trips, and other incentives to induce a salesperson to push one product over another are forms of internal sales promotion.
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Bill and Josh are considering opening a retail store. They have identified their target market and location and are finalizing the details of the merchandise they will carry
Since the neighborhood is rundown and the customers in the area are very price-conscious, Bill and Josh want to offer goods from well-known brands, but at lower rates than the full retail prices of the products. They choose to stock excess production from manufacturers or goods that have remained unsold at other retailers. This is a description of a(n) ________ retailer. A) off-price B) specialty C) discount D) department E) catalog
Examples of expropriation without compensation involve the following governments:
A. China with Hong Kong and Japan with the Kuril Isl. B. the U.K. with the Falklands. C. Canada with northern Maine. D. the U.S. with Iranian property in the U.S., Cuba with U.S. property in Cuba, and Zimbabwe with land owned by white Zimbabwean citizens.
An example of perishability of a service is _____
a. the inseparability of the producer from the service b. the variability of a service's quality c. that some services cannot be inventoried or stored d. that the owner-operator is indispensable
Incremental budgeting is more flexible than zero-based budgeting
Indicate whether the statement is true or false