Keen observation, alert mind, sharp memory and ability to judge people are necessary for a successful ……………

1. Promotion
2. Salesman
3. Advertisement
4. None of these

A company wants to increase its market share rapidly and decides to employ a technique that allows for immediate customer interaction and feedback. Which of the following methods would be most appropriate for this goal?

1. Advertising
2. Personal Selling
3. Public Relations
4. Direct Mail Campaign

Considering the methods of selling, which statement accurately reflects "Sale on Approval or Return"?

(1) Sale on Approval or Return involves allowing customers to buy products without any intention to return them.

(2) Sale on Approval or Return is solely focused on selling products in bulk to wholesale buyers.

(3) Sale on Approval or Return gives customers the option to return products within a specified period if they are not satisfied.

(4) Sale on Approval or Return requires customers to make an immediate purchase decision without any consideration.

1. Only 1
2. 2 & 3
3. Only 3
4. 3 & 4

Selling involves exchange of goods for money between the sellers and buyers. Selling focuses on the needs of seller, and the marketing, on the needs of the ……………

1. Manufacturer
2. Seller
3. Buyer
4. Producers