Which of the Following Statements Is True of a Sales

question 7

Multiple Choice

Which of the following statements is true of a sales orientation?

• A)​Consumers can be convinced to buy goods or services even though they do not need them.
• B)The needs and wants of the marketplace is thoroughly understood.
• C)Sales-oriented firms give maximum emphasis to society's long-term best interests.
• D)​Intermediaries are encouraged to push manufacturers' products aggressively.

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Definitions:

Euro Bills

Short-term debt instruments issued by the European Central Bank and denominated in Euros.

Exchange Rate

Exchange rate is the value of one currency for the purpose of conversion to another, reflecting how much of one currency can be exchanged for a unit of another currency.

U.S. Investor

An individual or entity based in the United States that allocates capital in various financial assets to earn a return.

Fixed Exchange Rate

A country's currency value set and maintained as equal to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.