The Following Are Two Different Methods of Representing the Same

question 66

True/False

The following are two different methods of representing the same structure.

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Definitions:

Leads

Potential customers who have shown interest in a company's products or services, often considered the first step in the sales process.

Prospects

Potential customers or clients who have been identified as having the interest and ability to purchase a product or service but have not yet made the transaction.

Qualified Prospects

Potential customers who have been evaluated and deemed likely to purchase, based on specific criteria such as need, ability, and authority to buy.

Prospecting Stage

The phase in sales where potential customers are identified and qualified before being approached by sales representatives.