The Success of the Tom Dennis Ford Dealership Has Been

question 87

Multiple Choice

The success of the Tom Dennis Ford dealership has been built largely on return customers and word-of-mouth recommendations.The majority of sales are made to customers who have purchased a vehicle at the dealership before or who know someone who had a positive experience purchasing a vehicle there.The sales force at the Tom Dennis Ford dealership most likely knows that using high-pressure selling does not work if the dealership wants to ________.

• A)achieve short-term gains
• B)move last year's models
• C)obey local and federal law
• D)build long-term relationships with customers
• E)maintain a database

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Definitions:

Tax Revenues

The income that is gained by governments through taxation, used to fund public services, infrastructure, and government obligations.

Government Expenditures

The total amount of money spent by the government in a certain period, including spending on public services, social security benefits, and infrastructure projects.

Monetary Policy

The actions of a central bank or other regulatory authority that determine the size and growth rate of the money supply, which in turn affects interest rates.

Fiscal Policy

Government use of taxation and spending policies to influence economic conditions, including aggregate demand, employment, and inflation.