Which of the Following Is Not a Drawback to the Percentage-Of-Sales

question 49

Multiple Choice

Which of the following is not a drawback to the percentage-of-sales method of promotional budgeting?

• A) Less is spent when sales are low.
• B) More is spent when sales are high.
• C) There is no accounting for competitive spending.
• D) It does not consider your overall strategy.
• E) It is affordable based on income.

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Definitions:

Actual Value

The true or fair market value of an asset or property as determined by objective assessment or appraisal.

Tort Action

A legal claim in civil law where a plaintiff seeks compensation for harm or injury caused by the defendant's wrongful act, neglect, or infringement of rights.

Noneconomic General Damages

Compensation for non-monetary losses in a lawsuit, such as pain and suffering or emotional distress.

Tort Action

A legal action for civil wrongs that cause harm or loss, leading to legal liability for the person who commits the tort.