In Countries with High Levels of Economic Development,low Incomes Limit

question 3

True/False

In countries with high levels of economic development,low incomes limit the range of promotional tools available.In such countries,free samples and demonstrations are more likely to be used than coupons or on-pack premiums.

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Definitions:

Par Value

A nominal value assigned to a share of stock by the company's corporate charter, unrelated to the market value.

Stated Value

A fixed dollar amount assigned to each share of no-par stock, designated by the board of directors of a company.

Treasury Stock

Shares that were once a part of the outstanding shares but were bought back by the company and are now held in the company's treasury.

Cash Dividend

A distribution of profits by a corporation to its shareholders in the form of cash.