Personal Selling Is Widely Used in

question 36

Multiple Choice

Personal selling is widely used in

• A) retail establishments only.
• B) wholesale and retail establishments only.
• C) service establishments only.
• D) retail, wholesale, and service establishments.

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Definitions:

Offshoring Backlash

Negative public and political reaction against companies moving production or services to another country to reduce costs, often leading to job losses in the home country.

Technological Factor

An aspect of the external environment that represents how advances in technology can impact business operations and market competitiveness.

PEST Analysis

A framework used to analyze and monitor the macro-environmental factors that may have a profound impact on an organization's performance. This includes Political, Economic, Social, and Technological factors.

Advancement Of Infrastructure

The improvement or upgrading of the foundational physical and organizational structures needed for the operation of a society or enterprise.