A major drawback of professional selling is the cost involved.
Answer the following statement true (T) or false (F)
True
A major drawback of professional selling is the cost involved. Almost all sales visits exceed several hundred dollars per call. The costs are even higher when you consider that most purchase decisions require more than one sales appointment. As a result, many sales organizations are exploring a variety of information technology solutions; they see digital tools as a way to reduce costs without sacrificing the ability of the sales force to cultivate and maintain strong relationships.
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Concerning the foreign exchange market, which of the following is FALSE?
a. Most foreign exchange transactions involve the transfer of electronic balances between commercial banks or foreign exchange dealers. b. The worldwide amount of foreign exchange transactions is about $4 trillion a day. c. Unlike the stock or commodity exchanges, the foreign exchange market is not an organized structure. d. Virtually all foreign exchange trading occurs among banks located in New York City.
The combination of customer relationship management (CRM) and supply chain management (SCM) systems is referred to as _____.
A. decision support systems (DSSs) B. enterprise resource planning (ERP) systems C. business intelligence (BI) systems D. geographic information systems (GISs)
The debt to equity ratio is a measure of financial leverage
Indicate whether the statement is true or false
Payment of dividends would be reflected as a cash outflow in the investing activities section of the statement of cash flows
Indicate whether the statement is true or false