_____ is the process during which both the salesperson and the prospect offer special concessions in an attempt to arrive at a sales agreement.

A. Conciliation
B. Negotiation
C. Compromise
D. Concession
E. Dispensation


Answer: B

Business

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Coolers Inc has decided to launch a new energy drink that will have the fewest calories among its competitors

To understand the market potential for the new drink and the demographics and attitudes of consumers who are likely to buy the product, Coolers should most likely use ________. A) exploratory research B) archival research C) causal research D) experimental research E) descriptive research

Business

Target markets are sometimes defined on bases such as young singles, young married couples with children, and middle-aged married couples without children. Such target markets are most likely defined in terms of _____

a. the family life cycle b. gender demographics c. cultural differences d. the socialization process

Business

Which of the following accounting principles does theSecurities and Exchange Commission (SEC) require U.S. firms to use when filing their financial statements?

A. International Accounting Standards Board (IASB) B. International Financial Reporting Standards (IFRS) C. Generally Accepted Accounting Principles (GAAP) D. National Advisory Accounting Standards (NAAS) E. Financial Accounting Standards Principles (FASP)

Business

Laws that prohibit theft, operation of a factory in areas zoned residential, and copyright infringement exist primarily: A) ?for protection of the person

B) ?for protection of public health, safety, and morals. C) for protection of property. D) ?for protection of the state.

Business