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lbvjy [14]
3 years ago
12

The two major steps in preparing for a sales presentation are a. prospecting and practicing. b. advertising and practicing. c. e

xhibits and prospecting. d. publicity and prospecting.
Business
1 answer:
svet-max [94.6K]3 years ago
3 0
<span>The two steps in this type of presentation are prospecting and practicing. Prospecting is when one locates and qualifies individuals or businesses that might want to buy a product. The person or business is called a lead. Practicing involves trying out the sales pitch and ways that might promote the product. This includes going over the presentation prior to giving the final presentation so that one gets everything right.</span>
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The payoff matrix represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. each seller
vazorg [7]

For the statement  "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table  Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

Generally, payoff matrix is simply defined as when one player's tactics and those of the other are represented in a table called a payoff matrix, they are listed in rows.

In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

The payoff matrix below represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. Each seller must decide if they want to cheat or not to cheat on the production quotas in the cartel agreement. Use the payoff matrix to answer the questions below. Does either member have an incentive to cheat? Heifer's Gold will cheat, but Milky Moo will not. No, neither has an incentive to cheat, Yes, both will cheat. Milky Moo's will cheat, but Heifer's Gold will not

Read more about payoff matrix

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