Acme,Inc,Produces Widgets

question 11

Multiple Choice

Acme,Inc.,produces widgets.To manufacture a new type of widget,it took 78 hours for the first widget.Acme estimates it has a 92% learning rate.Using the logarithmic approach,calculate the time it will take to manufacture the 66th widget.

• A)46.24 hours
• B)45.86 hours
• C)49.52 hours
• D)47.19 hours

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Definitions:

Closing Sales

The process of making a sale final, where the salesperson successfully convinces the customer to make a purchase.

Successful Sales Call

A sales interaction that effectively meets or exceeds its objectives, such as establishing rapport, identifying needs, or making a sale.

Prospect Role

The part or responsibility that a potential customer plays in the sales process, often influenced by their needs, interests, and decision-making power.

Open-ended Questions

Questions formulated to elicit more detailed and thoughtful responses, encouraging the respondent to elaborate on their answers.