If a Potential Client Hints That They Will Give You

question 38

Multiple Choice

If a potential client hints that they will give you a sale if you give them a gift,you should:

• A)give the potential customer a gift
• B)tell your sales manager you are giving the customer a gift in exchange for the sale
• C)report this to your sales manager and ask for help turing the customer down
• D)report the customer to the Better Business Bureau or other oversight group
• E)refer the potential customer to another vendor who will participate in bribery

Comprehend the role of the brain's major divisions in processing and integrating information.

Understand how brain injury or lesions affect cognitive and physiological functions.

Recognize the functions of specific cerebral cortex regions in perception, thought, and behavior.

Identify the role of neurotransmitters in mood regulation and social behavior.

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Definitions:

Explicit Costs

These are direct monetary payments a firm makes to purchase inputs for its production, such as wages, rent, and materials.

Implicit Costs

The opportunity costs of using resources already owned by the firm for production, as opposed to external spending.

Economic Profit

The difference between revenue generated from output and the opportunity costs of inputs used, considering both explicit and implicit costs.

Accounting Profit

The profit of a company after all expenses have been deducted from revenues, but before deducting income taxes.