Personal Selling,unlike Other Promotional Mix Elements,is Independent of the Internet

question 23

True/False

Personal selling,unlike other promotional mix elements,is independent of the Internet.

---

Definitions:

Compounded Semi-annually

The process of adding interest to the principal sum of a deposit or loan every six months, so that each subsequent interest calculation is based on the original principal plus all accumulated interest.

Ordinary Annuity

A series of equal payments made at equal intervals of time, with the first payment occurring at the end of the period.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Compounded Quarterly

The method of calculating interest where the interest is added to the principal sum four times a year.