Unless Otherwise Stated,an Offer Made Face-To-Face or During a Telephone

question 65

Multiple Choice

Unless otherwise stated,an offer made face-to-face or during a telephone call usually expires ________.

• A) after a few weeks
• B) when the conversation ends
• C) after a few years
• D) when one of the parties makes a counteroffer

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Definitions:

Customer Database

A collection of information about individuals who purchase goods and services from a business, including their purchase history, contact details, and preferences.

End-use Factors

Considerations regarding how and for what purpose a product will be used by the consumer, influencing design and marketing strategies.

Psychographic Factors

Characteristics of consumers that include lifestyle, values, attitudes, and psychological influences that affect buying behaviors.

Demographic Factors

Attributes of a population such as age, race, gender, income, and education that influence consumer behavior and business strategies.