Purchasing Agents Can Be a Good Source of Sales Recruit

question 22

Multiple Choice

Purchasing agents can be a good source of sales recruit referrals because they:

• A)Have been in the business a long time.
• B)Have so many contacts with production and development people.
• C)Know what impresses them in salespeople who call on them.
• D)All of the choices are correct.

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Definitions:

Cash Dividend

A payout from a corporation's profits, determined by its board of directors, provided to a specific group of its stockholders as cash.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as outlined in its articles of incorporation.

Noncumulative

Pertains to certain preferential shares or rights that do not have the feature of accumulating unpaid dividends or benefits, contrasting with cumulative counterparts.

Preferred Stock

A type of stock that provides holders with certain privileges over common stockholders, typically with fixed dividends and priority in asset distribution upon liquidation.