Which of the Following Retail Stores Would Emphasize Personal Selling

question 98

Multiple Choice

Which of the following retail stores would emphasize personal selling the most as part of the firm's promotional efforts?

• A) jewelry store
• B) convenience store
• C) liquor store
• D) secondhand clothing store
• E) bakery

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Definitions:

Flexible Budget

A budget that adjusts or varies with changes in volume or activity, allowing for more accurate budgeting and control in dynamic environments.

Spending Variance

The difference between the actual amount spent and the budgeted amount, which can be either favorable or unfavorable.

Catering Supplies

Items and ingredients purchased and used in the operation of a catering service, encompassing food, beverages, and non-food items like utensils and napkins.

Spending Variance

The difference between the actual amount spent and the budgeted amount for any category of expenses over a specific period.