A Factor That Is Likely to Have the Greatest Effect

question 27

Multiple Choice

A factor that is likely to have the greatest effect on the cost of automobile insurance is the __________. ​

• A)distance covered by the insured car
• B)lessee of the insured car
• C)owner's academic grades
• D)owner's driving record

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Definitions:

Salesperson

An individual who sells products or services directly to customers, aiming to meet their needs and secure transactions.

Promotion Budget

Financial allocation specifically dedicated to marketing and advertising efforts to increase sales or raise brand awareness.

Personal Selling Activities

Direct, face-to-face activities undertaken by sales personnel to persuade consumers to make a purchase, typically involving presentations or demonstrations.

Advertising

A form of marketing communication used to promote or sell a product, service, or idea through various mediums to reach and influence consumers.