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Brainstorming Is

question 3

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Brainstorming is:

Recognize the importance of planning and prioritizing in sales success.
Understand the significance of relationship-building in sales.
Comprehend the principles behind effective sales call allocation and routing.
Identify the strategic importance of key accounts in sales force resource allocation.

Definitions:

Interest Rate

Interest rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Fractional-reserve Banking

A banking system where banks hold only a fraction of their deposits in reserve, lending the rest to generate profits.

Money Supply

The collective volume of monetary assets within an economy at a certain point, including cash, coins, and balances in checking and savings accounts.

Fractional-reserve Banking

A banking system where banks hold only a fraction of deposits as reserves and lend out the remainder, thereby creating additional money supply.

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