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konstantin123 [22]
3 years ago
11

Robert Solis is a salesman in a company that specializes in event management. He uses the Internet to identify potential compani

es with which his company can build long-term profitable relationships. Which step in the selling process does this scenario depict?
A) demonstration
B) preapproach
C) prospecting
D) approach
E) presentation
Business
1 answer:
TiliK225 [7]3 years ago
4 0

Answer:

B

Explanation:

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Identify the possible reason or reasons for this stark difference between income inequality and consumption inequality. Intergen
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  • Individuals experiencing temporary fluctuations in their incomes are more likely to maintain moderate spending habits.

Explanation:

First part of this question reads:

In the United States, the richest quintile of the population receives 13 times as much income as the poorest quintile. However, the richest quintile only spends 4 times as much as the poorest quintile.

The richest quantile can afford to save more than the poorest quantile because they get enough income to manage their daily needs and then save. The poorest quantile on the other hand face a daily struggle and so have to spend all or most of their income to survive.

When the richer quantile goes through temporary fluctuations, they maintain moderate spending because they know it is temporary and so they keep saving. This is not the case for the poorer quantiles who have to spend according to their income - regardless of its fluctuating - to survive.

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Micro environment                                              

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The institution's micro-environment comprises of those components that are manageable. Generally the micro-environment doesn't really impact all businesses in a sector in same manner, as the scale, efficiency, competence and approaches are different.

For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.

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