This statement is incorrect. Personal selling is inherently personal, involving direct interaction between the salesperson and the customer.
This is also incorrect. A key advantage of personal selling is the ability to establish and nurture personal relationships with customers.
This statement is accurate. It precisely describes personal selling, highlighting the interactive and conversational aspect aimed at facilitating sales.
This statement is incorrect. Short-term incentives align more with sales promotions rather than the strategized, relationship-based approach of personal selling.
“Management of people” has dimensions of:
On the basis of the following hypothetical data, calculate the percentage change in Real Gross Domestic Product (GDP) in the year 2022 – 23, using 2020 – 21 as the base year.
Year | Nominal GDP | Nominal GDP (Adjusted to Base Year Price) |
2020–21 | 3,000 | 5,000 |
2022–23 | 4,000 | 6,000 |