After a salesperson obtains commitment, his or her job is over and other departments in the company take care of the rest of the sale.

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


False

Business

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Investors can lock in a real interest rate and thus avoid most of the risk of unexpected inflation by buying

A. corporate bonds. B. inflation-indexed securities. C. stock. D. mortgage-backed securities.

Business

_______ are executed only by law enforcement officials and are generally used only in criminal cases

a. Subpoenas b. Voluntary consents c. Search warrants d. Interviews

Business

DealIt! is an online retailer of electronic goods. After HP announced that it was spinning off its

hardware division and consequently selling its tablet devices at throwaway prices, a huge demand for these devices arose. DealIt! was one of the few retailers to still hold stock of the tablet devices. DealIt! decided to sell the HP tablet devices at prices 25% more than those offered by the official HP online store. Customers lapped up the goods as they still presented a bargain for them. Which of the following pricing objectives did DealIt! pursue in the above case? A) market skimming pricing objective B) survival pricing objective C) profit maximization pricing objective D) market share maximization pricing objective

Business

A trend is a gradual, long-term, up-or-down movement of demand

Indicate whether this statement is true or false.

Business