Text Messaging and the Internet Have Lessened the Need for Telephone

question 36

True/False

Text messaging and the Internet have lessened the need for telephone interaction and face-to-face contact between seller and customer.

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Definitions:

Premium Price

A pricing strategy where goods or services are sold at a higher price point due to perceived advantages, often related to quality or status.

Bond Quoted

The price or interest rate at which a bond is currently being sold or bought in the market.

Dollar Amount

A numerical monetary value denoted in the currency of the United States.

Interest Earned

The total amount of interest received by a person or entity on investments over a specific period of time.