Explanation: Personal selling can be defined as an act whereby a sales person meets with a potential customer for the purpose of conducting business. Personal sales activities includes the following,
A person's beliefs and general outlook, which act like filters on the information they receive is called 'attitude'. Your attitude will affect how you perceive your surroundings and the information you receive. The correct answer is letter "C. attitude".
Law of large numbers is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age.
This idea states that as the number of exposure or an attainment of a larger value increases, it is usually easier and more accurate to predict the likelihood of mortality or morbidity losses. The law of large numbers is the mathematical principle of probability that insurance is based on.
