Which of the Following Is True of Sales in Today's

question 4

Multiple Choice

Which of the following is true of sales in today's world?

• A) Many buyers now are buying from the lowest-cost suppliers.
• B) Buyers are demanding 24/7 service.
• C) Many buyers now are building competitive advantages by maintaining a distant relationship with their suppliers.
• D) The salesperson's job ends as soon as the customer places an order.
• E) All of these

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Definitions:

Trade Deficits

A situation in which a country's imports exceed its exports during a given time period.

Saving Rate

The proportion of disposable income that individuals or households save rather than spend on consumption.

U.S. Economy

The economic system of the United States, characterized by a mixed economy that includes private enterprise alongside limited government involvement.