Which of the Following Can Be Classified as a Creative

question 14

Multiple Choice

Which of the following can be classified as a creative approach to over-the-counter selling?

• A) Clothing retailer Lord and Taylor expanding the capabilities of the fitting rooms in its stores
• B) Gap stores providing virtual gift cards to customers
• C) Lord and Taylor promising its online customers product delivery in five business days
• D) Gap making its web portal highly efficient to save its customers search time

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Definitions:

Investment

The purchase of goods, stocks, or other assets in the hope of generating a financial return.

Compounded Quarterly

Compounded quarterly refers to the calculation and addition of interest to the principal sum of an investment or loan on a quarterly basis, accelerating the growth of the investment's value.

RRSP

A Registered Retirement Savings Plan is a Canadian account for holding savings and investment assets, aimed at retirement planning, with certain tax benefits.

Payments

Definition: The act of transferring money to settle a debt or account balance.