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. Multiple Choice. Under the Sales Article of the UCC, which of the following statements is correct regarding the creation of express warranties? Term. E. All of the above statements about the changing role of sales promotion agencies are true. John Smith. Consumers who take part in sales promotions receive utilitarian, or functional, benefits. Share Reply. 113. Multiple Choice Expected Returns Are Disclosed In The Notes To The Financial Statements, But Journal Entries Are Not Required. c. Which of the following is not a step in the strategic planning process? (Select all that apply) Correct Answer Coupons Samples and demonstrations Store displays Which of the following are typical objectives of promotion? A) Sales promotion is the only promotional element that is not regulated. A “10 cents off” coupon promotion. Generally speaking, "Price" is more important than "Place." A company sells $10,000 of goods. 22 INCORRECT Which of the following statements about sales promotion is true? Personal Selling is a paid communication between two people aimed at one person persuading the other to do something. 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. Answer: C. Trade show exhibits. b. Answer: It comes directly to the customer from the manufacturer. 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. Which of the following statements is FALSE … Identify the sales promotions in the list below. These different activities are known as marketing. Gross profit is recorded by a credit to the Gross Profit account. Promotion includes personal selling mass selling and sales promotion Share Reply. Answer: sales: 4) Which of the following statements is true about customer promotion? C. Sales promotion agencies are being used to develop long and short-term promotional strategies as well as for tactical implementation. B.Point-of-purchase displays. 5) Identify the objective of trade promotions. Gross profit = Net sales − Cost of goods sold. John Smith. Answered Jan 19, 2017. D. Sales promotion agencies are being selected and evaluated on the basis of formal reviews. Express warranties cannot be based on statements made in the seller's promotional materials. Ans. D.Free samples. ... None of these answers are correct. 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? If the gross profit percentage is 32%, net income would be $3,200. a. a. Answer: sales promotion: 3) Which of the following is almost always the measure of effectiveness of a sales promotion? (4) 114. b. Which of the following statements about gross profit is correct? Market potential places absolute limits on company sales potential. 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. Which of the following is NOT a functional benefit. 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 . C.Trade show exhibits. Which of the following statements is FALSE? Which of the following statements is the most correct statement? 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