Examlex
Which of the following statements should a salesperson use to acknowledge and convert the prospect's objection into a reason for buying?
Total Cost
Total Cost refers to the complete expense incurred in producing, maintaining, and selling a product or service, which includes fixed and variable costs.
Materials Labor
Generally refers to the workforce involved in the handling, preparation, and processing of materials in manufacturing.
Overhead Costs
Indirect costs required to run a business but cannot be directly attributed to a specific product or service.
Period Costs
Expenses that are not directly tied to the production process and are typically recorded as expenses in the period in which they are incurred.
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