As Defined in the Text,outside Selling Does Not Include

question 27

Multiple Choice

As defined in the text,outside selling does not include:

• A)Selling recordable DVDs to students in an office supplies store.
• B)A selling team from Simmons Mattress Company makes a sales presentation to a buying team in Marriott Hotel's home office.
• C)A sales rep for a Chicago hardware wholesaler calls on hardware stores in northern Illinois.
• D)An Allstate insurance sales rep calls on a newly-married couple to sell them auto and life insurance.
• E)A Xerox salesperson calls on United Airlines to sell them on the idea of installing small copy machines for passengers' use on United's flights.

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Definitions:

Shares of Stock

Units of ownership in a corporation that represent a claim on a portion of the corporation's assets and earnings.

Transferable

Capable of being passed from one entity to another, either through sale, gift, or by operation of law, thereby changing ownership or rights.

Supermajority Shareholder Voting

A voting requirement that exceeds the threshold of a simple majority, often used for significant decisions in a corporation.

Hostile Takeover

An attempt by a company or individual to acquire another company against the wishes of the target company's management and board of directors.