Which of the Following Topics Must Be Part of a Business

question 37

Multiple Choice

Which of the following topics must be part of a business firm's salesperson training programs?

• A)Effective communication skills.
• B)Knowledge about the company.
• C)Knowledge about the product line.
• D)All of the answer choices.
• E)Both effective communication skills and knowledge about the product line.

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Definitions:

Present Value Tables

Tables that help in determining the present value of a future amount of money or stream of cash flows given a specific interest rate.

Issue Price

The issue price is the price at which securities, such as bonds or stocks, are sold to the public or initial investors during their first offering.

Bonds

Long-term debt securities issued by corporations, municipalities, or governments to finance operations, projects, or infrastructure, paying interest to investors.

Operating Lease

A lease agreement that allows a company to use an asset without ownership, where the lessor retains the risks and benefits of ownership.