Direct _____ Involves Personal Sales Contact Between a Representative of the Company

question 130

Multiple Choice

Direct _____ involves personal sales contact between a representative of the company and an individual consumer.

• A) marketing
• B) selling
• C) distribution
• D) servicing
• E) pricing

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Definitions:

Last Dollar

The final unit of currency spent or invested in the completion of a transaction or project.

Marginal Product

The additional output produced by employing one more unit of a particular input, holding other inputs constant.

Wage

A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to manual or unskilled workers.

Rental Rate

The cost associated with leasing a particular commodity, property, or piece of equipment per unit time.