A company sells $10,000 of goods. 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 . D. Sales promotion agencies are being selected and evaluated on the basis of formal reviews. Generally speaking, "Price" is more important than "Place." Answer: C. Trade show exhibits. 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. b. Express warranties cannot be based on statements made in the seller's promotional materials. 113. b. Which of the following statements is the most correct statement? 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. If the gross profit percentage is 32%, net income would be $3,200. Multiple Choice. E.A wholly new kind of ad. Personal Selling is a paid communication between two people aimed at one person persuading the other to do something. Term. E. All of the above statements about the changing role of sales promotion agencies are true. Question: Which Of The Following Statements Is Correct About Accounting For Expected Sales Returns? Which of the following statements is FALSE? Answered Jan 19, 2017. Which of the following statements about gross profit is correct? Identify the sales promotions in the list below. Share Reply. Which of the following statements is FALSE … 5) Identify the objective of trade promotions. 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 is NOT a functional benefit. A) Sales promotion is the only promotional element that is not regulated. Under the Sales Article of the UCC, which of the following statements is correct regarding the creation of express warranties? Market potential places absolute limits on company sales potential. Which of the following statements about sales estimates is correct? Which of the following is not a step in the strategic planning process? (Select all that apply) Correct Answer Coupons Samples and demonstrations Store displays Which of the following are typical objectives of promotion? Consumers who take part in sales promotions receive utilitarian, or functional, benefits. A “10 cents off” coupon promotion. a. Answer: sales promotion: 3) Which of the following is almost always the measure of effectiveness of a sales promotion? Promotion includes personal selling mass selling and sales promotion Share Reply. C.Trade show exhibits. The delivery of Goods & Services from producers to their ultimate consumers or users includes many different activities. John Smith. Multiple Choice Expected Returns Are Disclosed In The Notes To The Financial Statements, But Journal Entries Are Not Required. (4) 114. 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. D.Free samples. John Smith. 22 INCORRECT Which of the following statements about sales promotion is true? These different activities are known as marketing. c. C. 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