An Advantage to Calculating National Income from Value Added Is

question 44

Multiple Choice

An advantage to calculating national income from value added is that it avoids:

• A) the net present value.
• B) price changes.
• C) double counting.
• D) measurement error.

---

Definitions:

Telemarketing

Personal selling conducted entirely by telephone, which provides a company’s marketers with a high return on their expenditures, an immediate response, and an opportunity for personalized two-way conversation.

Missionary Selling

A sales technique where the seller focuses on the benefits of the product rather than making an immediate sale, often educating the customer on the product’s value.

Potential Customers

Individuals or organizations that are likely to be interested in a company's products or services but have not yet made a purchase.

Finalizing a Sale

The process of completing a transaction wherein the buyer receives the product or service and the seller receives the payment.