C.Trade show exhibits. Answered Jan 19, 2017. Promotion includes personal selling mass selling and sales promotion Share Reply. Market potential places absolute limits on company sales potential. John Smith. (4) 114. B.Point-of-purchase displays. Which of the following is NOT a functional benefit. A) Sales promotion is the only promotional element that is not regulated. 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 . Which of the following statements is FALSE … D.Free samples. Which of the following statements about gross profit is correct? Under the Sales Article of the UCC, which of the following statements is correct regarding the creation of express warranties? Express warranties cannot be based on statements made in the seller's promotional materials. 5) Identify the objective of trade promotions. Multiple Choice. A “10 cents off” coupon promotion. John Smith. Which of the following statements is FALSE? D. Sales promotion agencies are being selected and evaluated on the basis of formal reviews. Sales Promotions involves all marketing activities (other than advertising, PR, or personal selling) aimed at stimulating consumer purchasing—usually a short-term tool. If the gross profit percentage is 32%, net income would be $3,200. Ans. Personal Selling is a paid communication between two people aimed at one person persuading the other to do something. c. a. Answer: sales: 4) Which of the following statements is true about customer promotion? E. All of the above statements about the changing role of sales promotion agencies are true. Share Reply. (Select all that apply) Correct Answer Coupons Samples and demonstrations Store displays Which of the following are typical objectives of 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. These different activities are known as marketing. Which of the following is not a step in the strategic planning process? b. Question: Which Of The Following Statements Is Correct About Accounting For Expected Sales Returns? 113. A company sells $10,000 of goods. 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. Consumers who take part in sales promotions receive utilitarian, or functional, benefits. C. Sales promotion agencies are being used to develop long and short-term promotional strategies as well as for tactical implementation. Multiple Choice Expected Returns Are Disclosed In The Notes To The Financial Statements, But Journal Entries Are Not Required. b. Gross profit is recorded by a credit to the Gross Profit account. a. Identify the sales promotions in the list below. The delivery of Goods & Services from producers to their ultimate consumers or users includes many different activities. Which of the following statements about sales estimates is correct? Which of the following statements is the most correct statement? Gross profit = Net sales − Cost of goods sold. Generally speaking, "Price" is more important than "Place." ... None of these answers are correct. 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. 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The strategic planning process step in the strategic planning process credit to the customer from the manufacturer utilitarian...

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