A Period of Time in Which the Overall Pace of Business

question 215

Multiple Choice

A period of time in which the overall pace of business activity is rising is known as

• A) inflation.
• B) deflation.
• C) an expansion.
• D) a contraction.

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Definitions:

Salesclerks

Employees in retail environments who assist customers with finding products, answering questions, and processing payments.

Sales Orientation

A business approach that prioritizes selling products and services over understanding or meeting the actual needs and desires of the customers.

Salesperson

A salesperson is an individual who sells goods or services to customers, often working on behalf of a company to facilitate transactions and promote sales.

Wise Customer

A term reflecting a customer who is informed, discerning, and judicious in their purchasing decisions, often seeking value and quality.