Question

In: Operations Management

After purchasing a food processor, Naomi receives ______ about a new pressure cooker designed by the...

After purchasing a food processor, Naomi receives ______ about a new pressure cooker designed by the same brand. a. Remittance advice? b. ?A request for quotation c. ?Sales promotional material d. ?A call for bids

Solutions

Expert Solution

“Remittance advice” is sent by the purchaser to seller of goods/ services after the purchaser has remitted the required money to seller through electronic transfer

“Request for quotation ( RFQ)” is issued by a company to prospective vendors in the market who will be willing to offer required services and quote the relevant prices accordingly.

“Call for bids” is similar to concept for request for quotation except it is at the final stage where the vendors are supposed to commit their price of services they intend to offer.

“Sales promotional material “ is issued by seller to prospective customers through means such as leaflets/ books/ mail orders in order to push for their new products.

In the given case , the seller is interested in selling its new pressure cooker to its existing customer for food processor who could be prospective customer for pressure cooker.

Therefore , correct answer would be “ c. Sales promotional material “

ANSWER : C ) SALES PROMOTIONAL MATERIAL


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