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An Example of an Explicit Cost Would Be the Wages

question 65

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An example of an explicit cost would be the wages that a business owner pays her employees.

Understand the significance of the preapproach stage in planning and preparing for a sales presentation.
Understand the various sales presentation formats and their applications.
Identify and explain the role of suggestive selling in the sales process.
Recognize the importance of consultative selling in creating customized solutions for customers.

Definitions:

Autonomic Arousal

The activation of the autonomic nervous system, which can result in physiological reactions such as increased heart rate or sweating, often due to stress or excitement.

Physiological Component

Refers to the aspects of processes, functions, and activities of living organisms that can be measured and studied.

Cognitive Component

In psychology, the aspect of attitude that involves a person’s beliefs or knowledge about an object, person, or situation.

Behavioural Component

Refers to the observable actions or reactions of an individual in response to external or internal stimuli.

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