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What Is the Difference Between Basic Research and Applied Research

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What is the difference between basic research and applied research? Give an example of each.


Definitions:

Prospect

A potential customer or client who might be interested in a company's product or service.

Suggestive Selling

A sales technique where the salesperson suggests additional products or services to the customer, based on their initial purchase or interest.

Adaptive Selling Format

A flexible sales technique that allows customization of the sales approach based on the real-time needs and behaviors of the customer.

Cold Calling Format

A strategy used in sales and marketing where potential customers are contacted without prior interaction, often via phone.

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