Cross-Selling Is the Practice of Identifying Past Purchasers of One

question 39

True/False

Cross-selling is the practice of identifying past purchasers of one product and suggesting that they purchase other products.

---

Definitions:

Selling Price

Selling price is the amount of money charged for a product or service, determined by costs, market demand, and competition.

Advertising Budget

The amount of money allocated by a business for promoting its products or services over a specific period.

Monthly Sales

The total revenue generated from sales activities during a specific month.

Sales Commissions

Payments made to salespersons or employees based on the amount of sales generated.