When Sales Are Made Without the Accompaniment of a Formal

question 32

Multiple Choice

When sales are made without the accompaniment of a formal debt contract,the sales are said to be on:

• A) conditional sale terms.
• B) open account.
• C) trade credit.
• D) sight draft.

Learn about the tools and techniques for collecting and analyzing marketing data (data mining, internal vs. external data, primary vs. secondary data).

Comprehend the concept of business intelligence and its significance in marketing decision-making.

Gain knowledge on the application of marketing strategies for product adaptation and standardization.

Discover the importance of creating a marketing mix and marketing plans for targeting specific customer groups.