Which Step in the Presentation Plan Involves Determining Needs and Selecting

question 47

Multiple Choice

Which step in the presentation plan involves determining needs and selecting a product solution?

• A)approach
• B)needs identification
• C)presentation
• D)negotiation
• E)close

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Definitions:

Managerial Accounting

The field of accounting focused on providing financial information within a company to assist in decision-making and budget management.

Timeliness

The quality of providing information or taking action within an appropriate or expected time frame, often critical for decision-making processes.

Total Quality Management

A management approach focused on improving the quality of an organization's outputs, including goods and services, through continual improvement of internal practices.

Quality Improvement

A systematic approach to reducing or eliminating waste, errors, and defects in a production process or service operation, aimed at enhancing customer satisfaction.