Which of the following descriptions of the three basic sales tasks is correct?
A. order-taking: various activities aimed at getting sales in the long run
B. order-getting: seeking possible buyers with a well-organized sales presentation designed to sell a good, service, or idea
C. supporting: routine completion of sales made regularly to target customers
D. None of these descriptions is correct.
Answer: B
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During the 2008 financial crisis, the dollar ________ in nominal terms.
A. appreciated sharply B. appreciated slightly C. depreciated slightly D. depreciated sharply
One of the main reasons why foreign firms are interested in buying U.S. companies is to gain entrance to the U.S. market. A decline in the value of the dollar relative to most foreign currencies makes this competitive strategy especially attractive.
Answer the following statement true (T) or false (F)
The process where all the involved areas—R&D, marketing, engineering, production, and even suppliers—work together rather than sequentially during a product's development is called__________
Fill in the blanks with correct word.
Ryder and Sergei are partners in Timberline Gear, which sells mountain- and rock-climbing equipment. Ryder manages the business. Unless the partnership agreement states otherwise, Ryder is
A. entitled to compensation in proportion to his effect on the business. B. entitled to compensation in proportion to his effort. C. entitled to compensation in proportion to his capital contribution. D. not entitled to compensation.