In which step in of the sales process would the salesperson call to ensure customer satisfaction and repeat business?

A) approach
B) sales presentation
C) overcome objections
D) close the sale
E) follow-up


E

Business

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By 2030, 30 percent of the U.S. population will be 65 years or older versus 13 percent today

Indicate whether the statement is true or false

Business

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machines' first year depreciation under the straight-line method.

A. $27,000. B. $25,800. C. $23,779. D. $29,025. E. $24,000.

Business

Many restaurants roll out new ideas first in Orlando, Florida, a location that attracts a vast range of diverse tourists and thus might offer insights into what various consumer groups will like. This is an example of

A. target marketing. B. test marketing. C. product launching. D. premarket testing. E. product marketing.

Business

Assuming a linear relationship between X and Y, if the coefficient of correlation (r) equals -0.75, this means that:

a. there is very weak correlation. b. the slope b1 is = -0.75. c. the value of X is always greater than the value of Y. d. None of these choices are true.

Business