The Addition of E-Sales to Sales Generated by Traditional Personal-Selling

question 64

True/False

The addition of e-sales to sales generated by traditional personal-selling techniques has simplified the compensation of organizational sales staff.

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Definitions:

Modern Economy

An economic system characterized by services, information, technology, and advanced industrial production, with a focus on innovation and global trade.

Specialization and Exchange

Refers to the economic practice where individuals or groups focus on a narrow area of production to gain efficiency and trade with others to benefit from each other's expertise.

GATT

General Agreement on Tariffs and Trade, a multilateral agreement aimed at reducing trade barriers and promoting international trade.

International Trade

The exchange of goods, services, and capital between countries and territories, driven by the principle of comparative advantage.