Which of the Following Statements Indicates the Salesperson Is Using

question 61

Multiple Choice

Which of the following statements indicates the salesperson is using the survey approach?

• A)"Would you be interested in a security system that is currently used by most major banks in America?"
• B)"Tammy Williams,buyer for the Mayfield Company,has been very pleased with our line of drapes and suggested I arrange to show you our products."
• C)"I am anxious to show you our newest copy machine."
• D)"I want to study your traffic patterns to be sure that our product meets your needs."
• E)"Please accept this sample of our floor cleanser."

---

Definitions:

Legal Reserve Requirement

A regulation set by central banks determining the minimum amount of reserves that must be held by a financial institution, usually a percentage of deposits.

Federal Funds Rate

The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.

Required Reserves

The minimum amount of funds that a bank must hold in reserve against deposit account liabilities, as mandated by the central bank, to ensure bank liquidity.

Demand Deposits

Bank accounts that allow the holder to withdraw funds without advance notice, such as checking accounts.