By Focusing on What an Entrepreneur Does Best and Letting

question 40

Multiple Choice

By focusing on what an entrepreneur does best and letting others do the rest, the _____ strategy helps the business grow more rapidly, keeps unit costs down, and turns out new products more quickly.

• A) v ertical integration
• B) a lliance
• C) h orizontal integration
• D) process improvement
• E) circular integration

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Definitions:

Urgency Close

A sales technique where the seller creates a sense of urgency to motivate the client to make a purchase decision quickly.

Ironware Accessories

Decorative or functional items made of iron, often used in homes or gardens for aesthetic appeal or utility.

Salesperson

An individual who sells goods or services for a company, often directly interacting with customers to facilitate transactions.

Objection

A reason or argument presented by a customer against purchasing a product or service.