It Is Estimated That the Average Cost of a Single

question 57

Multiple Choice

It is estimated that the average cost of a single field sales call on a business customer is about ________, factoring in salespeople compensation, benefits, and travel-and-entertainment expenses.

• A) $50
• B) $150
• C) $300
• D) $500
• E) $900

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Definitions:

Stratification System

The hierarchical arrangement of individuals in society based on wealth, power, race, education, etc., determining their social status or class.

Feudalism

A historical system of political and military obligations among warriors and lords, characterized by the exchange of land for service during the Middle Ages.

Davis and Moore

Sociologists who proposed a theory that social stratification is beneficial for the operation of a society.

Class Characteristics

Features that define and differentiate social classes, notably in terms of wealth, occupation, and education.