Which of the Following Is NOT a Common Educational and Promotional

question 41

Multiple Choice

Which of the following is NOT a common educational and promotional objective in service settings?

• A)Build awareness and interest in an unfamiliar service or brand.
• B)Reposition a service relative to competing offerings.
• C)Familiarize customers with service processes in advance of use.
• D)Encourage trial of competing products.
• E)Recognize and reward valued customers.

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Definitions:

Cost of Goods Sold

Expenditures directly linked to the production process of goods a company offers for sale, including labor and materials.

Short-term Creditor

An entity or individual that lends money with the expectation of repayment within a short period, typically within a year.

Acid-test Ratio

A financial metric that measures a company's ability to pay its current liabilities with its most liquid assets, excluding inventory.

Asset Turnover

A measure of how efficiently a company uses its assets to generate sales; computed by dividing net sales by average total assets.