Only developed countries have been receptive to free market ideas.

Which of the following is true of a specialty product?

a. It is sold using aggressive personal selling as consumers do not seek out this type of product. b. It is widely distributed in a geographic area in order to sell sufficient quantities to meet profit goals. c. It is bought only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility. d. It is marketed using selective, status-conscious advertising that maintains its exclusive image.

The key to the future financial success of a company lies in the sales growth and the net profit margin

Indicate whether the statement is true or false.