A salesperson using the problem-solution sales presentation method is most likely selling a(n) ________ product or service.

A. complex
B. simple
C. technical
D. trivial
E. mechanical


Answer: A

Business

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The fundamental value of a stock varies

A. directly with the rate of discount. B. inversely with the growth rate of earnings on the stock. C. directly with previous year's actual earnings on the stock. D. inversely with the time frame for which a stock is held.

Business

What is the big-bang approach?

Business

A population of 1,000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is $3. A simple random sample of 64 students is taken. a.What are the expected value, standard deviation, and shape of the sampling distribution of the sample mean?b.What is the probability that these 64 students will spend a combined total of more than $715.21?c.What is the probability that these 64 students will spend a combined total between $703.59 and $728.45?

What will be an ideal response?

Business

Suppose the next three random numbers were .11, .42 and .84. Use these values to simulate arrivals into the bakery and determine the average number of arrivals per 10-minute period based on these occurrences

The average number of arrivals per 10-minute period is: A) 6. B) 7. C) 8. D) 9. A bakery is considering hiring another clerk to better serve customers. To help with this decision, records were kept to determine how many customers arrived in 10-minute intervals. Based on 100 10-minute intervals, the following probability distribution and random number assignments developed. Number of Arrivals Probability Random numbers 6 .1 .01 - .10 7 .3 .11 - .40 8 .3 .41 - .70 9 .2 .71 - .90 10 .1 .91 - .00

Business