- 1 Marks
BMIS – L1 – SA – Q8.4 – Finance, R&D and Marketing Strategies
Question
The best way to do business is a combination of the ‘hard sell’ by sales representatives supported by advertising and sales promotion activities.
A True
B False
Answer
B
Explanation:
The ‘hard sell’ approach, characteristic of the selling concept, was rejected by competitive businesses in favor of the marketing concept, which prioritizes understanding and meeting customer needs. Combining hard sell tactics with advertising and sales promotion is less effective than a customer-centric marketing approach. Therefore, the correct answer is B (False), as competitive businesses have moved away from this outdated strategy.
- Topic: Finance
- Uploader: Samuel Duah