The Three Major Types of Nonstore Retailing Are

question 159

Multiple Choice

The three major types of nonstore retailing are

• A) direct marketing, direct selling, and automatic vending.
• B) direct selling, automatic vending, and catalog retailing.
• C) direct marketing, direct selling, and mail-order.
• D) automatic vending, direct selling, and telemarketing.
• E) telemarketing, door-to-door, and mail-order.

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Retained Earnings

The part of the net earnings kept by the company instead of being paid out to its shareholders in the form of dividends.

Financial Statements

Documents that offer a summary of a company's financial status, encompassing the balance sheet, income statement, and cash flow statement.

Treasury Stock

Shares that were issued and subsequently reacquired by a company, held in its own treasury.