Identify the prospecting method that is based on the law of averages.
A. Sales lead clubs
B. Cold canvassing
C. Orphaned customers
D. Center of influence
E. Networking
Answer: B
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The best explanation of the gains from trade that David Ricardo could provide was to describe only the outer limits within which the equilibrium terms of trade would fall. This is because Ricardo's theory did NOT recognize how market prices are influenced by
a. demand conditions. b. supply conditions. c. business expectations. d. profit patterns.
Which of the following represents the “transfer of the benefits and risks of ownership” approach to capital leases?
a. Limit capital leases to leases that are virtually conditional sales agreements with installment payments. b. Capitalize leases where a purchase equivalent has occurred. c. The lease treatment is the same for lessor and lessee. d. Capitalize leases that are not true leases.
Companies that ask customers about their service expectations raise the customers' levels of expectations.
Answer the following statement true (T) or false (F)
Since your first birthday, your grandparents have been depositing $100 into a savings account every month. The account pays 9% interest annually
Immediately after your grandparents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to ________. A) $32,181 B) $53,635 C) $64,362 D) $75,089