Despite Its Name, Choco Central Is Located in a Small

question 22

Multiple Choice

Despite its name, Choco Central is located in a small shopping center far from customers. However, the company enjoys outstanding business because satisfied customers share their enjoyable experiences at Choco Central with their friends and relatives. Choco Central apparently benefits from positive

• A) trade advertising.
• B) word of mouth.
• C) sales promotion.
• D) public relations.

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Definitions:

Profit or Loss

A financial statement that provides a summary of a company's revenues, costs, and expenses over a specific period, showing the net amount earned or lost.

Open Interest

the total number of outstanding derivative contracts, like futures or options, that have not been settled.

Futures

Legal agreements that compel the purchaser to buy, or the seller to dispose of, an asset at an agreed price and date in the future.