The United Way and Nature Conservancy are examples of which type of organization?
A. For-profit
B. Nonprofit
C. Administrative
D. Mutual-benefit
E. Aid-based
B. Nonprofit
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Suppose the M1 multiplier is currently 2.23 and the M2 multiplier is currently 7.95. If banks decide to increase the ratio of excess reserves they hold relative to the amount of transaction accounts they hold, how will the multipliers for M1 and M2 be affected (in qualitative, not quantitative, terms)?
What will be an ideal response?
_______ is the rules of living and functioning in society.
a. Society b. Ideology c. Worldview d. Culture
Which of the following is true of store retailers?
A) A hard-discount store offers a wider merchandise mix than discount stores at higher prices. B) A discount store offers leftover goods, overruns, and irregular merchandise sold at less than retail. C) A specialty store generally stocks a very narrow product line. D) An extreme value store generally has a broad selection of high-markup, brand-name goods. E) A catalog showroom is a large, low-cost, low-margin, high-volume, self-service store.
According to the two Ls in the SELL Sequence, a salesperson should:
A. limit the number of benefits, and list features at the end of the presentation. B. limit the length of a sales presentation, and let visual aids do the talking. C. learn the prospect's personality type, and let the personality type guide the closing. D. locate the prospect's needs, and leave closing until the end of the sales presentation. E. lead into the benefits, and let the customer talk.