Technologies Used by Salespeople to Exchange Data, Text, and Voice

question 112

Multiple Choice

Technologies used by salespeople to exchange data, text, and voice transmission are referred to as __________ technology.

• A)cellular
• B)broadband
• C)partnership
• D)business-to-business
• E)wide area network

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Definitions:

Nash Equilibrium

A solution concept in game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.

Incentive

A motivation or reward intended to encourage certain actions or behaviors.

Outcome

The result or consequence of a particular action, decision, or event in a given scenario.

Repeated Games

A strategic situation where individuals or firms face the same opponents in a series of interactions, allowing for the development of strategies over time.