Information richness refers to the depth and breadth of details contained in a piece of textual, graphic, audio, or video information.
Answer the following statement true (T) or false (F)
True
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The electrical parts salesperson can respond to the fact that she has lost one of her big accounts to a competitor in all of the following ways EXCEPT:
A. treating the former customer like a prospect. B. visiting the customer quickly and find out why she changed to a competitor. C. letting the customer know she appreciated the past business she received. D. telling the customer she can meet future needs. E. being curt and refusing to talk to the customer.
Which of the following is associated with the market development strategy?
a. Limiting the production of products b. Increasing the prices of products c. Adding new features to products d. Limiting resources used for promotion
Liz, who is single in 2018, lives in a single family home and owns a second single family home that she rented for the entire year at a fair rental rate. Liz had the following items of income and expense during the current year.Income:Gross salary and commissions from Ace Corporation$50,000Rent received from tenant in Liz's rental house13,000Dividends received on her portfolio of stocks5,000Expenses:Interest and property taxes on her own home 9,000Taxes, interest and repair expenses on rental house3,500Depreciation expense on rental house2,300What is her adjusted gross income for the year?
A. $64,300 B. $62,200 C. $68,000 D. $53,200
Price lining refers to the systematic determination of the right price for a product or service.
Answer the following statement true (T) or false (F)