Commercial Applications
It begins after the goods are produced:
- Marketing
- Research and Development
- Selling
- Procurement of Raw Material
Sales
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Answer
Selling
Reason — Selling begins after the goods are produced because it is concerned with the sale of goods already produced. Marketing, on the contrary, begins before the production cycle in order to identify customers' wants.
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Related Questions
Which should not be a desirable quality of a good salesman?
- Cheerful
- Impatient
- Sensitive
- Sincere
…………… refers to locating and identifying potential buyers to sell the product.
- Presentation
- Preparation
- Prospecting
- Persuading
With reference to steps in personal selling, which statement is (are) correct?
(1) Prospecting means locating and identifying the potential buyers for sales.
(2) Prospecting means to make face to face contact with buyers.
(3) Prospecting means after meeting buyers, display the product.
(4) Prospecting makes well trained sales force.
- 2 & 3
- 1 & 4
- Only 4
- Only 1
Caveat vendor means ……………
- let the buyer beware
- let the seller beware
- let the advertiser beware
- let the market beware