Which of the following is true of competition at the persuader stage of personal-selling evolution?
A. competition is undifferentiated and slightly intense.
B. competition is differentiated and growing.
C. competition is focused and growing.
D. competition is almost nonexistent.
E. competition is counteractive with increasing resources.
Answer: A
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Flint Company produces widgets that cost $30 each and have a 5 percent failure rate. If 500 widgets are sold, the entry to record the estimated product warranty expense would be
A) Product Warranty Expense 150 Estimated Product Warranty Liability 150 B) Product Warranty Expense 750 Estimated Product Warranty Liability 750 C) Product Warranty Expense 75 Cash 75 D) Estimated Product Warranty Liability 150 Cash 150
______ help entrepreneurs form positive and productive ways of thinking that can benefit performance.
a. Destructive thought patterns b. Fixed mindsets c. Constructive thought patterns d. Right-brain thinking patterns
________ means that jobs are restructured or redesigned by adding higher levels of responsibility.
A. Job enrichment B. Task identity C. Procedural justice D. Task significance E. Negative reinforcement
Charles, a 62-year-old army veteran, buys preferred stocks in companies. Although the returns on these stocks are not high, he is more than happy with his investments as they bring a steady flow of money that helps him in his sustenance. Charles's investment approach is an example of the strategy of _____.
A. buying and holding B. value investing C. investing for growth D. investing for income