Jim Meadowmont Works for Sony

question 109

Multiple Choice

Jim Meadowmont works for Sony.He doesn't take orders from customers,but he is extremely knowledgeable about the entire Sony product line and about how its specifications compare to the competition's products.He helps a regular Sony salesperson by providing details about how Sony's products work,and he knows the customer applications for which the products are best suited.Jim is a(n)

• A)order getter.
• B)technical specialist.
• C)missionary salesperson.
• D)order taker.
• E)sales manager.

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Definitions:

Compounded Semi-annually

An interest calculation method where interest is added to the principal balance of an investment or loan twice a year, resulting in interest on interest.

Amortization Schedule

A detailed table showing the periodic payments on a loan, with each payment allocated between interest and principal repayment.

Gross Debt Service Ratio

A financial ratio that compares an individual's total monthly debt payments to their gross monthly income.

Amortized

The process of paying off a debt with a fixed repayment schedule in regular installments over a period of time.