Which stage of the consultative sales process most likely increases a salesperson's opportunities to build repeat business?

A) need discovery
B) solution selection
C) need satisfaction
D) sale servicing
E) approach


D

Business

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Under the periodic inventory system, Cost of goods sold must be computed on the income statement because it is not updated for purchases, sales, and other transactions during the accounting period

Indicate whether the statement is true or false

Business

Briefly describe the process of value-based pricing

What will be an ideal response?

Business

Retailers who carry any product line that will sell profitably are practicing scrambled merchandising.

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

Business

Which of the following stock mutual funds focus on medium size companies that are more established than small-cap firms, but may have less growth potential?

A) Equity income funds B) Sector funds C) Mid-size capitalization funds D) Balanced growth and income funds

Business