With relationship selling the salesperson would spend most of his or her contact time with the prospect talking about the product because the salesperson does not want to waste the customer's time.

Answer the following statement true (T) or false (F)


False

With relationship selling, the salesperson spends most of his or her time attempting to build a problem-solving environment with the customer. See Exhibit 15.3.

Business

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Based on the following cost data, items labeled (a) and (b) in the table below are which of the following amounts, respectively?        Number of units: 1,500  3,000 Total cost:      Variable$7,500 $15,000 Fixed$6,000 $6,000 Cost per unit:      Variable$5  (a) Fixed$4  (b) 

A. (a) = $5.00; (b) = $4.00 B. (a) = $3.00; (b) = $3.00 C. (a) = $2.50; (b) = $2.00 D. (a) = $5.00; (b) = $2.00

Business

Broad differentiation strategies are well-suited for market circumstances where

A. technological changes are slow-paced. B. barriers to entry are high and suppliers have a low degree of bargaining power. C. there are many ways to differentiate the product or service that has value to buyers. D. price competition is especially vigorous. E. most buyers have the same needs and use the product in the same ways.

Business

Short-range feedback is usually sufficient to measure the effectiveness of skill development

Indicate whether the statement is true or false.

Business

In parts of Europe, including Belgium, Italy, Spain, Greece, and France, sales are allowed only twice a year, in January and June or July.

Answer the following statement true (T) or false (F)

Business