Briefly describe the benefits of salesmanship to the society.
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Answer:
Benefits of Salesmanship to the Society or Community
1. It helps in increasing the supply of goods to the society. ... It helps to maintain equilibrium between the demand and supply of a product and thereby reduces the fluctuations in the prices and maintains the stability of prices.
1. It helps in increasing the supply of goods to the society.
2. By contributing to increased sales and production, it brings about an increase in the level of employment and higher income to the society. Further, salesmanship itself directly absorbs a large number of people.
3. It creates demand for articles of comfort and luxury and thereby raises the standard of living of the society.
4. It helps to maintain equilibrium between the demand and supply of a product and thereby reduces the fluctuations in the prices and maintains the stability of prices.
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