Which of the Following Conditions Will Render Continual Prospecting Unnecessary

question 51

Multiple Choice

Which of the following conditions will render continual prospecting unnecessary?

• A) The customer switches to other suppliers.
• B) The customer moves out of the organization's market area.
• C) The customer goes out of business because of bankruptcy.
• D) The customer has need for the product on an ongoing basis.

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Definitions:

Certificate of Incorporation

A legal document issued by a government or regulatory body that acknowledges the formation of a corporation and shows it is legally allowed to conduct business.

Raising Capital

The process of gathering funds to finance new investments or pay off debts.

Double Taxation

This term refers to the imposition of taxes on the same income, asset, or financial transaction at two different levels of government or in two different jurisdictions.