Which of the Following Rules Should a Salesperson Adopt in Order

question 65

Multiple Choice

Which of the following rules should a salesperson adopt in order to have more productive lunch periods?

• A) If she is lunching with a client, she should keep an eye on the clock so that she does not monopolize too much of her buyer's time.
• B) He should have a drink only if his client suggests it because some buyers do not approve of alcohol.
• C) When taking a client to lunch, she should try to get the order signed before her return to the client's office where something may have come up that will distract the buyer.
• D) If he is lunching alone, he should use the time to read something relaxing and get his mind off business.
• E) None of these choices are correct.

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Definitions:

Barriers to Entry

Factors that prevent or hinder new competitors from easily entering into an industry or market, including high startup costs, stringent regulations, or strong brand loyalty among consumers.

Pure Monopoly

An economic condition where a single firm dominates a market, with no competition and barriers to entry for others, influencing price and supply of its product or service.

Isolated Town

A community located far from major population centers, often with limited access to goods, services, and outside communication.

Price Maker

A price maker refers to a firm or entity that has enough control over the market to influence the price of its product or service, as opposed to being a price taker who must accept market prices.