A buyer's comments are often the best indication that he or she is considering commitment. When the buyer says, "This is a great product you're selling. I don't know why someone didn't come up with this idea years ago," the salesperson should categorize this statement as a ________ statement.
A. benefit
B. closing
C. direct-request
D. buffer
E. synergistic
Answer: A
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What will be an ideal response?
As discount stores improve their services and atmosphere as well as raise their prices, the distinction between discount stores and ____ is becoming blurred.
A. superstores B. supermarkets C. specialty stores D. department stores E. category killers
Most corporate bonds have a face value of $1,000, are sold at a discount, and can only be redeemed at the maturity date
Indicate whether the statement is true or false
Kate Davidson signed a simple discount note for $9,000. The discount rate is 5%, and the term of the note is 18 months. What is the effective interest rate? (Round to the nearest tenth percent)
A) 5.4% B) 6.2% C) 4.9% D) 3.8%