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Describe the five-step sales process or sales funnel model.Explain the use of this model to the salesperson.
Market Price
The current market rate at which one can purchase or sell a service or asset.
Acquisition
The procedure through which a business buys out most or all shares of another business to achieve authority over it.
Stockholders
Individuals or entities that own shares of stock in a corporation, giving them partial ownership of the company.
Acquiring Firms
Companies involved in the process of buying or merging with other companies to increase their size and capabilities.
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