Which of the Following Statements Is True of the Role

question 30

Multiple Choice

Which of the following statements is true of the role of advertising in business markets?

• A) Advertising is unsuitable for explaining any new features that a product might have.
• B) Sales calls are more economical than reminder advertisements.
• C) Sales calls are more effective than advertisements at reminding customers how to use a product and reassure them about their purchase.
• D) Sales representatives can use copies of the company's ads to legitimize their company and products.
• E) Advertisements are the least preferred tools when intended to generate leads for sales representatives.

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Definitions:

Compounded Monthly

Interest is compounded monthly when it is calculated and added to the principal sum of an investment or loan each month.

Annual Interest Rate

The annual interest rate is the percentage increase in money that one earns or pays on an investment or loan over the span of one year.

Compounded Monthly

Refers to the process where interest is added to the principal balance of an investment or loan, and future interest calculations are made on the new total, on a monthly basis.

Annual Interest Rate

The percentage increase in money owed or invested over a year, accounting for the cost of borrowing or the gain on savings.