The allowance given to a retailer to enable him make a profit is known as
interest
commission
trade discount
cash discount
dividend
Correct answer is C
No explanation has been provided for this answer.
Which of the following is the main tool of mass selling
public relations
personal selling
Consumer research
Customer orientation
Advertising
Correct answer is E
No explanation has been provided for this answer.
The face to face contact between sellers and buyers with the aim of selling a product is known as
personal selling
customer cordination
promotion
advertising
public relation
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a reason for imposing import duties? To
improve balance of trade
improve quality of goods for consumers
obtain revenue
protect infant industries
prevent dumping
Correct answer is B
No explanation has been provided for this answer.
In a business environment, which of the following variables can a business man conveniently control?
Product
Politics
Culture
Economy
The laws
Correct answer is A
No explanation has been provided for this answer.