Question

A house party where those invited are sold merchandise such as jewelry, vacuum cleaner, or cosmetic is an example of the type of non store retailing known as ____ selling

Answer 1

A house party where invited guests are sold merchandise exemplifies direct selling, a non-retail method where products are sold directly to consumers through personal interaction, without the externality effects seen in other scenarios.

Step-by-step explanation:

A house party where those invited are sold merchandise such as jewelry, vacuum cleaner, or cosmetic is an example of the type of non store retailing known as direct selling. Direct selling refers to selling products directly to the consumer in a non-retail environment. This can happen through face-to-face meetings, parties, demonstrations, and personal contact arrangements.

In terms of the provided example concerning externalities, direct selling does not typically involve the kind of involuntary spillover effect that might occur with something like an outdoor concert, where non-consenting third parties such as neighbors are affected. However, both concepts highlight the numerous ways that business and transactions can impact wider communities and individuals who are not directly involved in the exchange.

Answer 2

A house party where those invited are sold merchandise such as jewelry, vacuum cleaner, or cosmetic is an example of direct selling.

Step-by-step explanation:

A house party where those invited are sold merchandise such as jewelry, vacuum cleaner, or cosmetic is an example of the type of non store retailing known as direct selling.

Direct selling is a method of retailing where products or services are sold directly to consumers, often in a one-on-one or small group setting, outside of a traditional store location. It involves a direct interaction between the seller and the buyer, without the need for a physical store.

Examples of direct selling methods include door-to-door sales, home parties, and network marketing. In a house party setting, the host invites friends and acquaintances to their home, where a representative from a company showcases and sells products directly to the guests.