Which of the Following Statements About Personal Selling Is FALSE

question 234

Multiple Choice

Which of the following statements about personal selling is FALSE?

• A) Good salespeople present both the advantages and the disadvantages of their products.
• B) Helping to buy is good selling.
• C) Personal selling is often a company's smallest single operating expense.
• D) A salesperson is often a representative of the whole company.
• E) None of these statements about personal selling is FALSE.

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Definitions:

Monthly Compounded

Refers to the process of adding interest to the principal sum of a loan or deposit, recalculated on a monthly basis. This is a repeat of Compounded Monthly with a new definition focusing on recalculating interest increase.

Compounded Monthly

Compounded monthly refers to the process where the interest earned on an investment is added to the principal sum each month, causing the principal amount to grow at an increasing rate.

Effective Rate

The actual interest rate an individual pays or earns on a loan or investment, taking into account the effects of compounding.

Compounded Semiannually

Refers to the process of calculating and adding interest to the principal balance of an investment or loan twice a year.