Dave Ramsey- Chapter 6

Flashcard
•
Mathematics
•
9th - 12th Grade
•
Easy
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a common marketing strategy that involves providing financing options to customers?
Back
Providing financing options is a marketing strategy that allows customers to purchase products by paying over time, making it easier for them to afford larger purchases.
2.
FLASHCARD QUESTION
Front
True or False: A good salesperson will answer a question with a question.
Back
True. This technique helps to clarify the customer's needs and guide the conversation.
Tags
CCSS.RI. 9-10.8
CCSS.RI.11-12.5
CCSS.RI.11-12.8
CCSS.RI.8.8
CCSS.RI.9-10.5
3.
FLASHCARD QUESTION
Front
What does '90-days-same-as-cash' refer to in marketing?
Back
It refers to a financing method where customers can purchase a product and pay for it later without interest for the first 90 days.
4.
FLASHCARD QUESTION
Front
Define opportunity cost.
Back
Opportunity cost is the financial opportunity that is given up when you choose to spend your money on one option instead of another.
5.
FLASHCARD QUESTION
Front
True or False: Young single adults should find an accountability partner for discussing big purchases.
Back
True. Having an accountability partner can help individuals make better financial decisions.
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
6.
FLASHCARD QUESTION
Front
What is personal selling?
Back
Personal selling is a marketing strategy that involves direct interaction between a salesperson and a customer to persuade them to purchase a product.
Tags
CCSS.RI. 9-10.8
CCSS.RI.11-12.5
CCSS.RI.11-12.8
CCSS.RI.8.8
CCSS.RI.9-10.5
7.
FLASHCARD QUESTION
Front
What is the purpose of repetition in marketing?
Back
Repetition in marketing aims to reinforce a message or brand in the consumer's mind, increasing the likelihood of purchase.
Tags
CCSS.RI. 9-10.8
CCSS.RI.11-12.5
CCSS.RI.11-12.8
CCSS.RI.8.8
CCSS.RI.9-10.5
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