In Which Case Is Interactive Communication LEAST Likely to Be

question 64

Multiple Choice

In which case is interactive communication LEAST likely to be useful?

• A)For marketing services to demanding audiences.
• B)For selling products and services that involve risk.
• C)For marketing products and services that require customisation.
• D)For selling products about which the audience is largely indifferent.
• E)For marketing products that require detailed explanation.

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Definitions:

Carrying Costs

Expenses associated with holding or storing inventory over time, including insurance, storage, depreciation, and obsolescence.

EOQ Model

Stands for "Economic Order Quantity Model," a formula that calculates the optimal order quantity to minimize the costs of holding inventory and placing orders.

Specialty Tea

Specialty tea refers to high-quality teas that are often distinguished by their origin, unique flavors, and cultivation practices, attracting a premium market.

Standard Deviation

A measure of the dispersion or variability in a set of data, indicating how much individual data points differ from the mean.