Which of the following statements is NOT true about the endless chain referral method of prospecting?
A. It is a very effective method for finding customers.
B. The customer often refers the salesperson to friends and acquaintances.
C. Satisfied customers are likely to buy again from the salesperson.
D. It involves asking the customer if they know others who might be interested in the product.
E. It involves a group of salespeople in related fields meeting regularly to share sales leads.
Answer: E
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A) 10.4% B) 14.6% C) 6.3% D) 4.2%
In order to avoid an unworkable construction of the Sherman Act, the courts have construed Section 1 to prohibit only those restraints of trade that unreasonably restrict competition
a. True b. False Indicate whether the statement is true or false
Use the following information for Ephron Company to compute days' sales in inventory for Year 2. (Use 365 days in a year.) Year 2 Year 1Net sales$547,500$572,000Cost of goods sold 348,500 370,840Ending inventory 75,700 81,400
A. 50.5 B. 82.3 C. 76.8 D. 79.3 E. 52.4
One of the transfer warranties is that the instrument has not been altered
Indicate whether the statement is true or false