Sales People Sometimes Find Small, Informal Groups of People in Similar

question 64

Multiple Choice

Sales people sometimes find small, informal groups of people in similar positions with different companies, who meet and communicate regularly. For a sales person, these groups represent a potential:

• A)buying community
• B)budgeting panel
• C)borrowing bureau
• D)bounce-back barricade
• E)better business bureau

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Definitions:

Business Transaction

An economic event or condition that directly changes an entity’s financial condition or directly affects its results of operations.

Sales Offer

A promotion or deal designed to attract customers by offering products or services at a reduced price or with added incentives.

Cash

Money in the form of coins or notes, which constitutes the company's liquid assets that are readily available for transactions.

Services

Economic activities offered by one party to another, often involving professional assessment or physical help, that do not result in the ownership of anything.