Which Factor Would NOT Support the Use of Personal Selling

question 100

Multiple Choice

Which factor would NOT support the use of personal selling?

• A) limited number of buyers
• B) standardized products
• C) technically complex products
• D) option for trade-ins

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Definitions:

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from the central bank's discount window.

Open Market Operations

Activities conducted by central banks to buy or sell government securities in the open market to control the money supply and interest rates.

Money Supply Control

The regulation of the amount of money in circulation by a central authority, typically a country’s central bank, to achieve economic objectives.

Open Market Operations

The buying and selling of government securities by a central bank in order to control the money supply and interest rates in the economy.