Direct marketing consists of direct one-to-one connections with carefully targeted individualconsumers to both obtain an immediate response and cultivate lasting customer relationships.*oTrueoFalse
Advertising primarily involves mass media but also includes electronic and computerized formsof promotion.*o
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Sales promotion are marketing activities other than personal selling, advertising, guerrillamarketing, and public relations that stimulate consumer purchasing and dealer effectiveness.*o
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Market-penetration pricing allows firms to maximize revenue for a new product beforecompetitors enter the field.*o
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Companies usually develop a single product rather than product lines.*oTrueoFalse
Price bundling can promote the sales of products consumers might not otherwise buy.*o
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A price discount is a price reduction to buyers who pay their bills promptly.*o
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Many companies price the same products differently online.*o
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TEST III. EssayAnswer briefly and comprehensively.