Which of the Following Statements Identifies a Key Advantage of Direct

question 418

Multiple Choice

Which of the following statements identifies a key advantage of direct marketing? Direct marketing:

• A) enables salespeople to close a non-refundable sale in the customer's home or place of work.
• B) allows firms to expand their markets by selling to both ultimate consumers and other marketing intermediaries.
• C) is popular with consumers because it is so convenient to shop from home or work.
• D) creates a strong incentive for salespeople to recruit additional salespeople in order to gain the greatest possible market coverage.

Understand how migration affects labor supply curves in origin and destination countries.

Analyze the effects of wage changes on labor market equilibrium, including supply, demand, and wages.

Comprehend the impact of leisure opportunity cost on work decisions and labor supply.

Examine how external changes, such as immigration or industry attractiveness, influence labor markets.

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Definitions:

Point Method

A job evaluation method that quantitatively assesses a job's key components using a point system, contributing to determining its relative value or pay scale.

Scientific Process

A methodical and empirical approach to research and investigation characterized by systematic experimentation, observation, and analysis.

Internal Equity

The fairness in pay levels for employees within the same organization, ensuring that compensation is consistent with the value of different roles.

Reliability

The degree to which an assessment, measurement, or process consistently produces the same results under the same conditions.