An Activity And/or Material That Offers Added Value or Incentive

question 172

Multiple Choice

An activity and/or material that offers added value or incentive to resellers, salespeople, or consumers is

• A) advertising.
• B) personal selling.
• C) public relations.
• D) sales promotion.
• E) packaging.

---

Definitions:

Payments

The act of transferring money from one party to another, often in exchange for goods, services, or to fulfill a legal obligation.

Compounded Quarterly

Interest added to the principal sum every quarter, or four times a year, resulting in the interest of the next period being calculated on the new total.

Car Loan

A sum of money borrowed to purchase a car, which is expected to be paid back with interest over a set period of time.

Down Payment

An initial upfront portion of the total amount due, typically associated with the purchase of expensive items like cars or real estate, to secure the deal.