What Are the Two Basic Ways in Which Salespeople Have

question 72

Multiple Choice

What are the two basic ways in which salespeople have contributed to the economic growth of Canada?

• A) by stimulating economic transactions and encouraging research and development
• B) by disseminating market information and introducing new products to people in rural areas
• C) by stabilizing economic transactions and assisting in recovery cycles
• D) by stimulating economic transactions and increasing diffusion of innovation

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Definitions:

Materialize

To become real or actual; in finance, it refers to the realization of expected results, risks, or events in tangible form.

Long-term Notes Payable

Liabilities or debts with a repayment period extending beyond one year, evidenced by a formal promissory note.

Floating Interest Rates

Interest rates that fluctuate over time based on the market or an index.

Interest Expense

The cost incurred by an entity for borrowed funds over a period, shown as an expense in the income statement.