An Excellent Way to Generate Repeat Orders Is to Be

question 73

Multiple Choice

An excellent way to generate repeat orders is to be present at buying time,but since not all buyers purchase at predictable times,the salesperson can try to be present in the buyer's mind by using:

• A) data mining strategies.
• B) specialty advertising items.
• C) gatekeepers.
• D) screens.
• E) all of the above.

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Definitions:

Index Funds

Mutual funds or ETFs designed to track the components of a market index, offering broad market exposure and low operating expenses.

Expected Monetary Value

A statistical concept that calculates the average outcome of a future event that may or may not happen, taking into account all possible scenarios and their probabilities.

Average Payoff

The expected outcome or return of an investment or decision averaged over all possible scenarios.

Expected Value

The predicted value of a variable, calculated as the weighted average of all possible values this variable can take; each value is weighted by its probability of occurrence.