1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Licemer1 [7]
1 year ago
7

Asking the prospect to make a decision on some aspect of the purchase is referred to as?

Business
1 answer:
MrRa [10]1 year ago
8 0

The prospect to make a decision on some aspect of the purchase is referred to as trial close. A sales technique for determining whether a potential customer is ready to make a purchase. If the salesperson receives favorable responses to these questions, he or she can attempt to close the transaction with more assurance.

A trial close typically takes the form of questions that ask for decisions on minor selling aspects. A trial close is a test to see if the person is prepared to close, not a typical "closing aspect." Use it following a presentation or after you have presented a compelling argument.

To learn more about trial close, click here.

brainly.com/question/13186909

#SPJ4

You might be interested in
Portfolio diversification eliminates: Multiple Choice all investment risk. the portfolio risk premium. market risk. unsystematic
kaheart [24]

Answer:

Unsystematic risk

Explanation:

<em>The portfolio theory posits that the total risk on a collection of assets (i,e a portfolio) can be reduced by spreading the invested fund into different assets that are uncorrelated.</em>

<em>According to this model, the total risk on a portfolio is divided into systematic and unsystematic risks. The theory assumed by diversification, the unsystematic risk associated with a portfolio is eliminated.</em>

Unsystematic risk essentially are those unique individual assets for example. if we invest in company stock, risk associated with factors like bad management , law suit against a company, defect in company;s products are example of unique or systematic risks

7 0
3 years ago
Eurocurrency is the euro, the common currency of Europe. is a time deposit of money in an international bank located in a countr
Leona [35]

Answer:

is a time deposit of money in an international bank located in a country different from the country that issued the currency.

Explanation:

In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.

The three (3) main functions of money all over the world are;

I. Medium of exchange.

II. Unit of account.

III. Store of value.

The European System of Central Banks (ESCB) which was established under the Treaty on European Union (TEU).

It comprises of the European Central Bank (ECB) and the national central banks of all the 27 European Union (EU) member states, irrespective of adopting the Euro (£) or not. This has helped the European Union (EU) member states to achieve tight corporations and memorandum of understanding (MOUs) such as TARGET2 (single payment system).

Eurocurrency is a time deposit of money in an international bank located in a country different from the country that issued the currency.

3 0
2 years ago
Describe the difference between a 401(k) plan and an Individual Retirement Account.
nadya68 [22]
401(k) is an employer-provided plan, IRA isn't.
4 0
3 years ago
Read 2 more answers
What will happen if business partners fail to establish articles of partnership?
Natasha_Volkova [10]
<span>If business partners fail to establish articles of partnership they will fall under the Uniform </span>Partnership Act. 

This Act serves as a governance of business partnerships. This act gives a framework design to establish how partnerships should be working together and how they will be held accountable for actions taken. 
3 0
3 years ago
Read 2 more answers
In a price break model of lot sizing, to find the lowest-cost order quantity, it is sometimes necessary to calculate the economi
madam [21]

Answer: True

Explanation:

A price break is a price reduction especially when one buys in bulk. Price Break model is used when there is variation between the inventory price and the order size.

In a price break model. the economic order quantity is computed for every possible price and matched to the inventory amount available at that price. It can then be used to ascertain if the smallest cost quantity is possible.

3 0
3 years ago
Other questions:
  • Newcastle Coal Co. owns a warehouse that it is not currently using. It could sell the warehouse for $300,000 or use the warehous
    7·1 answer
  • Local companies have expressed their enthusiasm about hiring UCF graduates who are able to sustain effort and interest in long t
    14·1 answer
  • The sales tax rate is 7.4 find the tax paid for a pair of shoes with of list price of 93
    5·1 answer
  • What business messages are better organized directly, and which is better organized indirectly?
    6·1 answer
  • "A 45-year old man earns $150,000 per year and is covered by his employer's 401(k) Plan. He quits" his job and moves to a new co
    5·1 answer
  • Currently, you make one of the components needed for final assembly of your product and you are considering buying the part from
    11·1 answer
  • A company reporting under US GAAP seeking to present a more favorable view of operating income in its quarterly earnings release
    13·1 answer
  • The steps used by businesses to develop a customer profile survey include___.
    6·2 answers
  • A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account h
    10·1 answer
  • The starch classification that consists of the percentage of people who remembered having previously seen the advertisement in t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!