Judy Is a Local Sales Representative for an Insurance Company

question 94

Multiple Choice

Judy is a local sales representative for an insurance company.The economy is stagnant and very few new residents are moving into her territory.Consequently,Judy decides to assess the potential for additional sales among her existing customers.Judy is planning to use a(n) _____ strategy.

• A) endless-chain
• B) data mining
• C) deep selling
• D) cold-calling
• E) seeding

Recognize the taxation options and consequences for LLCs and the implications for federal and state taxes.

Understand the rights and responsibilities of members in a business entity, including voting rights, profit distribution, and the impact of dissociation.

Understand the concept and purposes of cooperative business organizations.

Recognize the characteristics and function of joint stock companies.

---

Definitions:

Collaborative Forecasting

A process where multiple stakeholders work together to predict future demands, improving supply chain efficiency.

Supply Chains

Networks connecting suppliers, manufacturers, distributors, and retailers, facilitating the production and delivery of goods to consumers.

=MAPE Function

Stands for Mean Absolute Percentage Error, a statistical measure used to assess the accuracy of forecasting models.

Mean Absolute Percent Error

A measure of prediction accuracy in statistics, representing the average of the absolute percentages of errors between predicted and observed values.