If Your Company Hired You to Make Sales Calls Via

question 69

Multiple Choice

If your company hired you to make sales calls via the telephone,it hired you to perform

• A) cold calling.
• B) telemarketing.
• C) relationship selling.
• D) inbound marketing.
• E) role reversal selling.

Learn the significance of consumer spending and its effects on the economy.

Understand the concepts of risk, including liquidity, inflation, and interest rate risks, in financial planning.

Recognize the importance of time value of money in financial planning.

Identify and develop personal financial goals and understand the financial planning process.

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Definitions:

Disposable Income

The net income available to an individual or household after taxes have been deducted, used for savings or spending on goods and services.

Induced Consumption

An increase in spending on goods and services caused by an increase in income, reflecting a direct relationship between income levels and consumer spending.

APS

Average Propensity to Save, the fraction of income that is saved rather than spent on consumption goods.

APC

This stands for Average Propensity to Consume, which is the percentage of income that an individual or population spends rather than saving.