The AtoB Transport and Logistics Company Use a Face-To-Face Contact

question 70

Multiple Choice

The AtoB Transport and Logistics Company use a face-to-face contact strategy between their marketers and businesses that may be prospective customers.This is an example of ________.

• A)advertising
• B)sales promotion
• C)public relations
• D)personal selling
• E)customary marketing

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Definitions:

Total Revenues

The total amount of money generated by a business from the sale of goods and services before any costs or expenses are deducted.

Unit Elasticity

Unit elasticity refers to a situation where a change in the price of a good or service results in a proportionally equal change in the quantity demanded or supplied, indicating a unitary elasticity of demand or supply.

Maximum Total Revenue

The highest possible earnings that a firm can achieve from the sale of goods or services, typically found by optimizing price and quantity sold.

Price

The price necessary to acquire a good or service.