Because the Business World Is Going Through a Very Rapid

question 41

Multiple Choice

Because the business world is going through a very rapid transition,the role of the sales force is also experiencing significant changes.Which of the following is NOT an example of one of the new roles that a salesperson must adopt in order to be effective in this new business environment?

• A)fire starting
• B)mountain climbing
• C)map making
• D)surveying
• E)guiding

---

Definitions:

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of shares of the company's stock at the discretion of the bondholder, usually at certain times during their life.

Stock Options

Contracts that give the holder the right, but not the obligation, to buy or sell a specified amount of stock at a predetermined price within a set time period.

Convertible Preferred Stock

A type of preferred stock that offers the holder the option to convert their shares into a predetermined number of common stock shares, usually after a specific date.

Treasury Stock

Shares that were issued and then reacquired by the issuing company, reducing the amount of outstanding stock.