Relationship Selling Is Described by All of the Following, Except

question 127

Multiple Choice

Relationship selling is described by all of the following, except:

• A)builds ties to customers based on a salesperson's attention and commitment to customer needs over time.
• B)makes customer value creation possible.
• C)focuses on creating short-term sales.
• D)involves mutual respect and trust among buyers and sellers.

---

Definitions:

LIFO

LIFO (Last In, First Out) is an inventory valuation method where the most recently produced or acquired items are the first to be expensed.

Cost of Goods Sold

Expenses directly related to manufacturing the products a company sells, involving costs of materials and labor.

Perpetual Inventory System

An inventory management system that keeps continuous, real-time records of goods as they are received and sold.

FIFO

First-In, First-Out method of inventory valuation where older stock is sold first.