Answer:
Option (A) is correct.
Explanation:
Money multiplier refers to the reciprocal of required reserve ratio.
The formula for determining money multiplier is as follows:
= 1 ÷ Reserve requirement ratio
If the households are desired to hold more currency in hand then as result the there will be leakage in the form of households holding cash with themselves.
Hence, this will lead to decrease the money multiplier because of higher reserve requirement ratio for the banks.
False. Companies actually pay 5 million for a 30 second ad on the Super Bowl.
Answer:
The correct answer is b. False
Explanation:
The selling cycle is a 7 steps approach:
- prospecting,
- pre-approach,
- approach,
- presentation,
- meeting objections,
- closing the sale,
- and follow-up.
The pre-approach only occurs once in the cycle.
Find a hobby & use the best set of skills that i have & start to make my own money. Just because a person doesn't attend school or work does not mean there less, with the skill set that you can teach your self & develop on your own you can make you own money & if family & friends help you can have a business up in no time with the right tools & help you can go far.<span />
Answer:
A. Empowerment
Explanation:
Empowerment in salesmanship refers to the authority given to the salesperson by the organization he represents, while he markets his product to people. Empowering the salesperson is important because it ensures that sales move with speed since the sales people do not have to report back to the management, before they make urgent decisions in the field.
This is what Juan experiences as he is given the authority and freedom by his organization to better meet the needs of customers.
