A Proprietorship Is

question 320

Multiple Choice

A proprietorship is

• A) a business with annual sales of less than $50,000 a year.
• B) a business owned by one individual that employs 10 or fewer workers, and has been in business less than 15 years.
• C) a business owned by one individual who receives the profits and is legally responsible for the debts of the firm.
• D) a form of business in which the stock of the company is closely held by members of one family.

Understand the sales process and its components.

Identify and describe the key methods of prospecting.

Recognize the role and applications of CRM technology in sales.

Understand the importance and effectiveness of different communication methods in sales.

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Definitions:

Frequency Distribution

A frequency distribution illustrates the frequency with which each unique value appears within a dataset.

Took Physics

An indication that someone has participated in or completed a course in physics.

Nominal

A type of data that represents categories without any intrinsic order or ranking among them.

Level Of Measurement

Refers to the different ways in which variables or data points can be quantitatively and qualitatively categorized.