If a potential investor asks you about the sales cycle for the business what should you do?
a. Provide some general responses
b. Specify the number of days in the sales cycle
c. Immediately respond that it all depends
d. None of the above
b. Specify the number of days in the sales cycle
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The Internet, though very effective in disseminating information to specific target groups, costs much more when compared to other media.
Answer the following statement true (T) or false (F)
Describe the main parties in the distribution process and explain why a superior distribution system requires the cooperation of all members in the distribution channel
What will be an ideal response?
If one concurs with the school of ethical universalism, then one believes that
A. what is deemed right or wrong, fair or unfair, moral or immoral, ethical or unethical in business situations should be judged in light of local customs and social mores and can legitimately vary from one culture or nation to another. B. many basic moral standards travel well across cultures and countries and really do not vary significantly according to local cultural beliefs, social mores, religious convictions, and/or the circumstances of the situation. C. each country should have some degree of latitude in setting its own ethical standards for judging the ethical correctness of business actions/behaviors within its borders. D. since ethical standards are subjectively determined, each company has a window within which it can define and implement its own ethical principles of right and wrong. E. concepts of right and wrong as they apply to business behavior are purely based on an individual's understanding of ethics and differ from person to person.
Which of the following terms describes a process where parties identify issues, determine costing procedures, and brainstorm solutions before creating their proposals and starting negotiations?
A. Integrative bargaining B. Attitudinal structuring C. Modified integrative bargaining D. Affinity method of collaborative economic bargaining