The seven steps of the selling process closely follow the:

A. AIDA concept
B. hierarchy of needs
C. traditional communications model
D. process of forecasting and satisfying industry demand
E. JIT process


Answer: A

Business

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In relation to the parts of the human resources management process, job analysis would fall under ______.

a. human resources planning b. attracting employees c. developing employees d. retaining employees

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Lorena files a suit against Milton. Before going to trial, the parties, with their attorneys, meet to try to resolve their dispute. A third party sugĀ¬gests or proposes a resolution, which the parties may or may not decide to adopt. This is

a. arbitration. b. mediation. c. negotiation. d. not a legitimate form of dispute resolution.

Business

Assume that all interest rates in the economy decline from 10% to 9%. Which of the following bonds would have the largest percentage increase in price?

A. An 8-year bond with a 9% coupon. B. A 1-year bond with a 15% coupon. C. A 3-year bond with a 10% coupon. D. A 10-year zero coupon bond. E. A 10-year bond with a 10% coupon.

Business

A promise to pay a debt for which a statute of limitations bars recovery is an unenforceable promise.

Answer the following statement true (T) or false (F)

Business