Examlex
Which of the following is an inherent strength of personal selling?
Budget Constraint
The limitations on the purchasing power of a consumer, stemming from their income and the prices of goods and services.
Clothing
Clothing and items donned on the body, usually crafted from textiles or cloths.
Food
Consumable items produced through agriculture, farming, hunting, fishing, or food processing that individuals eat for nutrition and pleasure.
Perfectly Competitive Market
A theoretical market structure characterized by many buyers and sellers, homogeneous products, and no barriers to entry or exit, where all entities are price takers.
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