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Personal Selling and a Company's Sales Force Are Essential Communication

question 73

True/False

Personal selling and a company's sales force are essential communication vehicles for many companies and industries.


Definitions:

Markup Rate

The percentage increase on the cost price of goods to achieve the selling price.

Selling Price

The amount for which a product or service is sold to the purchaser.

Proportion

An equation that states two ratios are equivalent, often used to solve for an unknown value.

X

Commonly used as a variable or unknown quantity in mathematics and algebra.

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