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Managers Must Rate Salespeople on Measures That Are Difficult to Quantify

question 54

True/False

Managers must rate salespeople on measures that are difficult to quantify.

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Definitions:

Oral Auction

A live auction where bids are made through spoken communication amongst bidders.

English Auction

A type of auction where the price ascends with each subsequent bid and the highest bidder wins.

Increasing Bids

The action of progressively raising the price offer in an auction or competitive bidding situation.

High-value

Referring to products, services, or investments that are considered to be of great worth or quality in comparison to their price or cost.

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