With Respect to Recruiting Our Salespeople from Other Companies

question 91

Multiple Choice

With respect to recruiting our salespeople from other companies:

• A)It is unethical to hire a competitor's sales rep.
• B)Experienced salespeople from other companies will not require training by our firm.
• C)This assures us of getting top quality recruits.
• D)These people may have acquired some bad habits while selling for other companies.
• E)These people are excellent sources only if you can offer them an opportunity to eventually move into a management position.

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Definitions:

Price Floor

A price floor is a government-imposed limit on how low a price can be charged for a commodity, typically implemented to protect producers' income.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Quantity Demanded

The specific amount of a good or service that consumers are willing to buy at a given price.

Quota Rent

A financial benefit obtained by importers who receive a license under a quota system which limits the quantity of goods that can be imported.