which of the following statements about sales promotions is correct?

Gross profit is recorded by a credit to the Gross Profit account. c. 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.Free samples. A) Sales promotion is the only promotional element that is not regulated. Which of the following statements is FALSE? Personal Selling is a paid communication between two people aimed at one person persuading the other to do something. B.Point-of-purchase displays. D. Sales promotion agencies are being selected and evaluated on the basis of formal reviews. Which of the following statements about sales estimates is correct? Answer: It comes directly to the customer from the manufacturer. Share Reply. C. Sales promotion agencies are being used to develop long and short-term promotional strategies as well as for tactical implementation. C.Trade show exhibits. Multiple Choice Expected Returns Are Disclosed In The Notes To The Financial Statements, But Journal Entries Are Not Required. Answer: sales: 4) Which of the following statements is true about customer promotion? Answer: C. Trade show exhibits. 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. Sales Promotions involves all marketing activities (other than advertising, PR, or personal selling) aimed at stimulating consumer purchasing—usually a short-term tool. E.A wholly new kind of ad. Promotion includes personal selling mass selling and sales promotion Share Reply. John Smith. Express warranties cannot be based on statements made in the seller's promotional materials. Ans. a. Which of the following statements about gross profit is correct? ... None of these answers are correct. Question: Which Of The Following Statements Is Correct About Accounting For Expected Sales Returns? b. The delivery of Goods & Services from producers to their ultimate consumers or users includes many different activities. Answer: sales promotion: 3) Which of the following is almost always the measure of effectiveness of a sales promotion? Multiple Choice. These different activities are known as marketing. 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. A “10 cents off” coupon promotion. John Smith. Identify the sales promotions in the list below. Answered Jan 19, 2017. E. All of the above statements about the changing role of sales promotion agencies are true. Which of the following is NOT a functional benefit. Generally speaking, "Price" is more important than "Place." If the gross profit percentage is 32%, net income would be $3,200. 22 INCORRECT Which of the following statements about sales promotion is true? 113. (Select all that apply) Correct Answer Coupons Samples and demonstrations Store displays Which of the following are typical objectives of promotion? a. Market potential places absolute limits on company sales potential. 5) Identify the objective of trade promotions. Gross profit = Net sales − Cost of goods sold. b. Term. Consumers who take part in sales promotions receive utilitarian, or functional, benefits. 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. Which of the following is not a step in the strategic planning process? (4) 114. 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