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When Planning to Use a Product Demonstration as a Sales

question 54

True/False

When planning to use a product demonstration as a sales aid, a salesperson should always practise using the product beforehand to make sure that he or she is familiar with its operation.


Definitions:

Common Stock

represents units of ownership in a public corporation, entitling shareholders to vote on corporate matters and receive dividends.

Outstanding Shares

The total shares of stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by company insiders.

Rights Offering

A corporate action in which a company offers existing shareholders the opportunity to buy additional shares directly from the company at a discounted price before the public.

Market Price

The current quoted price for the exchange of an asset or service.

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