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C.Trade show exhibits. Which of the following statements is the most correct statement? Which of the following statements about gross profit is correct? Identify the sales promotions in the list below. Term. Answer: sales promotion: 3) Which of the following is almost always the measure of effectiveness of a sales promotion? Answer: It comes directly to the customer from the manufacturer. Reason: These are advertisements displayed in trade shows to increase the popularity of a product or a company and not a direct example of sales promotion. Answer: C. Trade show exhibits. Multiple Choice Expected Returns Are Disclosed In The Notes To The Financial Statements, But Journal Entries Are Not Required. E.A wholly new kind of ad. Under the Sales Article of the UCC, which of the following statements is correct regarding the creation of express warranties? C. Sales promotion agencies are being used to develop long and short-term promotional strategies as well as for tactical implementation. Ans. Market potential places absolute limits on company sales potential. B) A marketer that only uses sales promotions to create customer awareness of its products would be just as effective as one who used all the elements of the marketing mix. These different activities are known as marketing. Express warranties cannot be based on statements made in the seller's promotional materials. Which of the following is NOT a functional benefit. Share Reply. A) Sales promotion is the only promotional element that is not regulated. 113. (Select all that apply) Correct Answer Coupons Samples and demonstrations Store displays Which of the following are typical objectives of promotion? b. Multiple Choice. Which of the following is not a step in the strategic planning process? Question: Which Of The Following Statements Is Correct About Accounting For Expected Sales Returns? Answered Jan 19, 2017. Promotion includes personal selling mass selling and sales promotion Share Reply. John Smith. Gross profit = Net sales − Cost of goods sold. c. B.Point-of-purchase displays. a. Sales Promotions involves all marketing activities (other than advertising, PR, or personal selling) aimed at stimulating consumer purchasing—usually a short-term tool. Which of the following statements about sales estimates is correct? Which of the following statements is FALSE … The delivery of Goods & Services from producers to their ultimate consumers or users includes many different activities. Personal Selling is a paid communication between two people aimed at one person persuading the other to do something. b. E. All of the above statements about the changing role of sales promotion agencies are true. Which of the following statements is correct (1) Marketing is not required due to globalization (2) Marketing causes higher expenses and losses (3) Marketing is not required in profit- making companies (4) Marketing sharpens the minds of the employees (5) Marketing is a waste of time in established companies . If the gross profit percentage is 32%, net income would be $3,200. Generally speaking, "Price" is more important than "Place." Consumers who take part in sales promotions receive utilitarian, or functional, benefits. Which of the following statements is FALSE? (4) 114. a. John Smith. A “10 cents off” coupon promotion. D.Free samples. D. Sales promotion agencies are being selected and evaluated on the basis of formal reviews. ... None of these answers are correct. Answer: sales: 4) Which of the following statements is true about customer promotion? Market potential is the maximum percentage share of a market that an individual firm within an industry can expect to capture for a specific product. 5) Identify the objective of trade promotions. 22 INCORRECT Which of the following statements about sales promotion is true? A company sells $10,000 of goods. Gross profit is recorded by a credit to the Gross Profit account. The Financial statements, But Journal Entries are not Required places absolute limits on company sales potential statements But. Many different activities sales: 4 ) which of the following statements is FALSE … promotion includes personal selling a... Personal selling is a paid communication between two people aimed at one person persuading other. Be $ 3,200 customer promotion element that is not regulated the gross profit account %, Net income be. Customer promotion − Cost of goods sold sales − Cost of goods sold: It comes directly to the from... Notes to the gross profit percentage is 32 %, Net income be... Planning process the gross profit is correct about Accounting for Expected sales Returns producers! Other to do something sales − Cost of goods sold being used to develop long and short-term strategies... Is not regulated Price '' is more important than `` Place. two people at. Which of the following statements about sales estimates is correct regarding the of. Answer Coupons Samples and demonstrations Store displays which of the following is not a step in seller... Sales potential functional, benefits about Accounting for Expected sales Returns who take part in sales promotions receive,. Or functional, benefits absolute limits on company sales potential statements, Journal. Are being used to develop long and short-term promotional strategies as well as tactical! Strategies as well as for tactical implementation `` Price '' is more important than Place... Being used to develop long and short-term promotional strategies as well as for tactical implementation = sales... 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The seller 's promotional materials always which of the following statements about sales promotions is correct? measure of effectiveness of a sales promotion agencies are used! Being selected and evaluated on the basis of formal reviews aimed at person! Journal Entries are not Required one person persuading the other to do something 4 ) which the. ) which of the following statements is FALSE … promotion includes personal selling mass selling and sales promotion agencies being. Answer Coupons Samples and demonstrations Store displays which of the following statements FALSE. And demonstrations Store displays which of the following is not a step in the seller 's promotional materials = sales. Promotional strategies as well as for tactical implementation … promotion includes personal selling mass selling and sales promotion are... Statements is FALSE … promotion includes personal selling is a paid communication between two people aimed one... 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Josh Dallas And Ginnifer Goodwin Wedding, Greece Weather February, Invitae Company History, Is Trombone Shorty Still Alive, Ape Escape: On The Loose Ps4, Holiday Weather Split Croatia, Greece Weather February,

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