Eugene is a salesperson for APM Industries. He sells machines for molding plastic furniture. APM has developed a machine that is 50 percent smaller than what is currently on the market and costs 25 percent more. It is Eugene's job to show potential customers how the new machine will save them money in the long run. He must be able to address each customer's needs with technical know-how and an ability to communicate his knowledge. Ephraim is an example of a(n):
A. service salesperson.
B. sales engineer.
C. retail salesperson.
D. account representative.
E. detail salesperson.
Answer: B
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The Smith family owns 200 shares of Elta stock. The company declared a 5% stock dividend. The Smiths now own:
A. 200 shares. B. 205 shares. C. 210 shares. D. 420 shares. E. 410 shares.
Answer the following statements true (T) or false (F)
The key factor of difference between the Anglo-Saxon and continental models appears to be between capital-based financial markets and credit-based financial markets.
Unfavorable public opinion can ruin a firm
Indicate whether the statement is true or false
Which of the following is not a correct statement?
a. The exponential distribution describes the Poisson process as a continuous random variable. b. The exponential distribution is a family of curves, which are completely described by the mean. c. The mean of the exponential distribution is the complement of the mean of the Poisson. d. The Poisson is a probability distribution or a discrete random variable while the exponential distribution is continuous. e. All of these are correct.