Leads are different from prospects in that
A. leads may not have a need for the product or service offered.
B. leads are less likely to receive cold calls than prospects.
C. leads are tougher to identify than prospects.
D. leads are more likely to make a purchase than prospects.
E. missionary sales reps are likely to close deals with leads.
Answer: A
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Bleeker Street Company produces and sells two lines of business suits, the Contemporary and the Traditionalist. The following monthly data are provided: Contemporary TraditionalistEstimated unit sales per month 500 1,000 Selling price$200 $175 Variable manufacturing costs 110 100 Variable selling and administrative costs 10 10 Budgeted net income is $45,000 per month. Required:1) Calculate the monthly break-even sales in units and dollars based on the budgeted sales mix.2) Calculate the firm's overall margin of safety in dollars.3) Compute the firm's profit assuming 1,500 units are sold in a 1:1 sales mix.4) Explain any difference between the firm's budgeted net income of $35,000 and your answer to Requirement 3.
What will be an ideal response?
The term total quality control was introduced by ______.
a. Armand Feigenbaum in 1969 b. Joseph Juran in 1954 c. Eli Whitney in 1895 d. Adam Smith in 1776
On a bank reconciliation, an unrecorded debit memorandum for printing checks is:
A. Noted as a memorandum only. B. Added to the bank balance of cash. C. Added to the book balance of cash. D. Deducted from the bank balance of cash. E. Deducted from the book balance of cash.
Under the TILA, a qualified mortgage (QM) A)limits up-front points and fees to 5 percent
B)limits all of a borrower's debt to 43 percent of his or her income. C)allows balloon payments only if the borrower agrees up front. D)must allow for negative amortization.