The Key Difference Between Sales and Marketing Is That

question 23

Multiple Choice

The key difference between sales and marketing is that:

• A) marketing emphasizes the process of 'product pull' and sales focuses on 'product push'.
• B) marketing emphasizes the process of 'product push' and sales focuses on 'product pull'.
• C) marketing only exists in B2C marketing contexts.
• D) both marketing and sales have the same process of 'product push' and 'product pull'.

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Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period, a key component in calculating cost of goods sold.

Overstatement

An error or inaccuracy in accounting records or financial statements where the value of assets, revenues, or profit is recorded higher than the actual amounts.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal, used in determining the value of inventory on the balance sheet and for assessing asset impairment.

Write-Down

An accounting practice of reducing the book value of an asset because it's overvalued compared to the market value.