The Relative Importance and Use of Selling in a Firm's

question 34

Multiple Choice

The relative importance and use of selling in a firm's promotional strategy will depend on all of the following EXCEPT:

• A)The number of customers.
• B)Dispersion of customers.
• C)Location of raw materials.
• D)Importance of the purchase.

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Definitions:

Excess

The amount that is more than necessary, needed, or specified; in insurance, it refers to the part of a claim that the insured must pay, which is not covered by the insurer.

Civil Wrong

An action that harms someone else but is not necessarily a criminal act; typically addressed through civil legal proceedings for damages or restitution.

Restatement Third, Torts

A set of principles and guidelines in U.S. tort law, organized by the American Law Institute, intended to clarify, modernize, and otherwise improve tort law.

Economic Harm

Financial or monetary damage suffered by an individual, organization, or economy due to certain actions, events, or policies.