To Be Considered as Strategic, an Account Should Be Both

question 103

Multiple Choice

To be considered as strategic, an account should be both ________ and ________.

• A) high in volume sales, high in total dollar sales
• B) large, buy large amounts of one product
• C) complex, small
• D) profitable, large
• E) large, complex

Master the basic operations for starting, navigating within, and exiting Access.

Learn how to utilize Access help resources for information about commands and features.

Understand the hierarchy of market integration and organization.

Distinguish between primary and secondary markets.

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Definitions:

Absolute Advantage

The ability of an individual, firm, or country to produce more of a good or service with the same amount of resources compared to others.

Absolute Advantage

The capacity of a person, company, or nation to generate a greater quantity of a product or service using an identical quantity of inputs as compared to competitors.

Broccoli

A green plant from the cabbage family, known for its nutritional benefits and widely consumed as a vegetable.

Opportunity Cost

The cost attached to not opting for the immediately lesser favorable choice when making a decision.