The United States has a balance of payment deficit. This means:
a. there is more money flowing into the country than out
b. there is more money flowing out of the country than in
c. there is a trade deficit
d. there is a trade surplus
e. the United States has a monetary absolute advantage
b. there is more money flowing out of the country than in
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Par value
a. is the monetary value assigned per share in the corporate charter b. represents what a share of stock is worth c. represents the original selling price for a share of stock d. is established for a share of stock after it is issued
Sales territories are a disadvantage for some firms in all of the following cases EXCEPT when:
A. salespeople are more motivated if they are not restricted by territorial boundaries. B. the company is too small to be concerned about segmenting the market into sales areas. C. management lacks the knowledge, time, and interest to develop and establish sales territories. D. personal friendships are the basis for attracting customers. E. sales performance is difficult to monitor and evaluate.
Adapting to the customer's preferred communication style can enhance sales performance
Indicate whether the statement is true or false
What is the difference between production, sales, consumer orientations, and the marketing concept?
What will be an ideal response?