What are the three Fs of selling?

A. FAB, fluctuations, and forecasts.
B. Faith, focus, and follow-through.
C. Forecasts, FAB, and finances.
D. Fundamentals, features, and follow-up.
E. Fundamentals, forecasts, and the Four Ps.


Answer: B

Business

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Of the following countries, which is thought to have a high power distance?

A. Denmark B. United States C. Mexico D. England

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Which of the following trends in the consumer market has increased the difficulty of setting the right price for a product?

a. The unwillingness of many firms to maintain or regain their market share by cutting prices b. The decreased availability of bargain-priced private and generic product brands c. The careful evaluation of each product's price against its value by potential buyers d. The inability of consumers to do comparison shopping

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Which of the following statements is most consistent with efficient inventory management? The firm has a

A. below-average inventory turnover ratio. B. low incidence of production schedule disruptions. C. below-average total assets turnover ratio. D. relatively high current ratio. E. relatively low DSO.

Business