Because the Use of New Information Technologies Can Change How

question 141

True/False

Because the use of new information technologies can change how well the sales job is done, their use should be left to individual sales reps.

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Definitions:

APR

Annual Percentage Rate; the annual rate charged for borrowing or earned through an investment, accounting for compounding over the year.

Savings Account

A bank account where money is kept for savings purposes and earns interest over time.

Stated Interest Rate

The annual interest rate declared on a bond or loan, not accounting for compounding or the effect of any fees.