Based on what John learns during the discussion, John realizes that the director has some unique equipment needs that may involve developing a custom machine. John will most likely need to:
A) ask more closed questions
B) recommend a competing product
C) develop a complex sales package
D) use persuasive communication skills
E) engage in product configuration
E
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Jackson determines that his older brother’s use of the word “radical” that differs from his own understanding of the word stems from a more subjective, personal, and is contextual by nature. Jackson learns that his brother’s definition of the word “radical” applies most likely what type of meaning?
A. connotative B. denotative C. syntactic D. pragmatic
Which of the following is NOT part of the failure spectrum?
a. deviance b. inattention c. lack of ability d. certainty
Faros Hats, Inc has two product lines—batting helmets and football helmets
The income statement data for the most recent year is as follows: Total Batting Helmets Football Helmets Sales revenue $850,000 $500,000 $350,000 Variable costs (440,000 ) (150,000 ) (290,000 ) Contribution margin $410,000 $350,000 $60,000 Fixed costs (190,000 ) (90,000 ) (100,000 ) Operating income (loss) $220,000 $260,000 $(40,000 ) What is the effect of dropping football helmets line on the operating income of the company? (Assume that fixed costs remain unchanged and that there would be no adverse effect on other sales.) A) Operating income will increase by $40,000. B) Operating income will increase by $90,000. C) Operating income will decrease by $60,000. D) Operating income will decrease by $350,000.
How do statistical forecasting methods differ from judgmental forecasting methods with regard to the labor market?
A. Forecasting using judgmental methods is always more precise than forecasting using statistical methods. B. Statistical methods are excellent for capturing historic trends. C. Judgmental methods are not useful in situations that have no historic precedent. D. Judgmental methods are better than statistical methods for events that have historic precedent. E. Statistical methods are the best option for events that have no historic precedent.