UNIT 1,SAlESMANSHIP
IMPORTANT TO PRODUCERS : Producers, on the other hand create goods and services to meet consumer demands. They are the backbone of the supply side of the market. Consumers and Producers are interconnected in a symbiotic relationship that ultimately influences the direction that any economy will go. IMPORTANT TO CUSTOMER: Regardless of what industry you're in or what kinds of products and services you sell, your customer is the most important part of your business. Without the customer, you don't see any sales. As a result, they are a critical factor when developing your marketing messaging and strategy. IMPORTANT TO SALESMAN: Salesman helps the consumers in making the right decision and proper selection of the products which they want to buy. Salesmanship increases the rate of turnover, and hence reduces unsold stock. As such it minimizes the economic stagnation. IMPORTANT TO GOVERNMENT: Governments regulate businesses to ensure their activit...