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When Trying to Estimate the Purchases of a Potential Business

question 113

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When trying to estimate the purchases of a potential business customer, it is reasonable to suppose that there is a relationship between the size of the potential customer's purchases and a variable such as the number of personnel employed by the customer.

Distinguish between effective and efficient communication, including their characteristics and outcomes.
Recognize the elements of the communication process, including the sender, receiver, channel, and noise, and their impact on communication effectiveness.
Identify and understand various approaches to dispute resolution including mediation, arbitration, and negotiation.
Differentiate between intellectual and social capital and their influence on organizational and individual performance.

Definitions:

Rational Human Beings

Individuals who are capable of thinking logically and making decisions based on reason rather than emotions.

Conscious Perception

Conscious perception is the awareness of one's environment and internal states and processes, including thoughts and feelings, in the present moment.

Experience

The knowledge or skill acquired through involvement in or exposure to events, situations, or activities over time.

Scripts

Cognitive structures that contain knowledge about the sequence of events and behaviors that are appropriate in specific situations.

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