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What are the key components into which the marketing function split after the Industrial Revolution?
What are the key components into which the marketing function split after the Industrial Revolution?
- Sales, customer service, market analysis, and advertising
- Sales, advertising, market research, and product development
- Production, sales, advertising, and customer service
- Sales, marketing research, advertising, physical distribution, and customer service (correct)
What is the main focus of the process of sales?
What is the main focus of the process of sales?
- Minimizing cost for the buyer
- Persuading, convincing, and facilitating the exchange of goods, services, or ideas (correct)
- Maximizing profit for the seller
- Increasing the market share for the seller
In addition to profit for the seller, what does the transfer of goods and services involve?
In addition to profit for the seller, what does the transfer of goods and services involve?
- Monetary value and credit value
- Monetary value and profit to the buyer
- Credit value and benefit to the buyer
- Monetary value and benefit to the buyer (correct)
Who is involved in the process of sales?
Who is involved in the process of sales?
What are some examples of entities engaging in selling apart from traditional sales transactions?
What are some examples of entities engaging in selling apart from traditional sales transactions?
What are the components into which the marketing function split after the Industrial Revolution?
What are the components into which the marketing function split after the Industrial Revolution?
What is the primary focus of the sales management process?
What is the primary focus of the sales management process?
What is the fundamental result of the transfer of goods and services in sales?
What is the fundamental result of the transfer of goods and services in sales?
Who is involved in the sales process according to the provided text?
Who is involved in the sales process according to the provided text?
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