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There Are Many Digital Tools Available to Help Determine the Size

question 8

True/False

There are many digital tools available to help determine the size of potential markets, but the tools are not often used because they are costly.


Definitions:

Training

The process of enhancing the skills, knowledge, and competencies of employees through various educational methods and programs.

Compensating

Offering something, typically money, to make up for loss, suffering, or injury, or to balance out a perceived deficiency in a business transaction.

Evaluating

The process of making judgments about the value, performance, or quality of a product, service, or outcome.

Personal Selling Process

The series of steps salespeople follow when selling a product or service, including prospecting, approaching, presenting, handling objections, closing, and follow-up.

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