Which of the Following Statements Is True About Personal Selling

question 16

Multiple Choice

Which of the following statements is true about personal selling? ​

• A)Personal selling provides marketers the least freedom to adjust their message to satisfy customers' information needs.
• B)Personal selling is not necessary for expensive or high-risk products.
• C)Personal selling is the most precise of all promotional methods.
• D)A major advantage of personal selling is its cost.
• E)Personal is not the most effective way to form relationships with customers.

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Definitions:

Second Highest Bid

In an auction, the bid amount that is the next highest after the winning or highest bid.

Strategically Equivalent

Referring to actions, tactics, or strategies that yield the same outcome or effect, despite differing in approach.

English Auction

A bidding process where the price ascends and the highest bidder wins, commonly used in selling art, antiques, and collectibles.

Bidding Agents

Bidding agents are systems or software designed to automatically place bids on behalf of users or organizations, often used in online auctions or digital advertising platforms.