Which of the Following Statements About Direct Selling Is True

question 15

Multiple Choice

Which of the following statements about direct selling is true?

• A)In Canada, direct sales have been growing rapidly.
• B)Direct selling is only found in North America.
• C)Direct sales succeeds because it provides customers with convenience and personalized service.
• D)Unlike other forms of non-store retailing, direct selling takes place in the business market.

---

Definitions:

Black Monday

Refers to a specific date, October 19, 1987, when stock markets around the world crashed, recording the largest one-day percentage decline in stock market history.

Daily Returns

The profit or loss of an investment over a single trading day, expressed as a percentage of the investment's value at the start of the trading day.

Normally Distributed

A statistical term that describes a bell-shaped frequency distribution that is symmetric about the mean, used in various financial models to assume the distribution of returns or asset prices.

Risk-Adjusted Returns

Performance measurement that evaluates the return gained from an investment relative to the risk taken, often calculated using measures such as the Sharpe ratio.