Which of the Following Is a Potential Drawback of Using

question 80

Multiple Choice

Which of the following is a potential drawback of using web-based technologies for making sales presentations and servicing accounts?

• A) Salespeople have to invest more time in preparing for this type of interaction with customers.
• B) The cost of the technology outweighs any savings gained by eliminating the need for travel.
• C) The systems can intimidate salespeople who are unfamiliar with the technology.
• D) Customers are less likely to buy the product when a web conference is used.
• E) Customers lack the technology required to participate in a web conference.

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Definitions:

Promissory Note

A monetary instrument featuring a formal pledge from one entity to another to pay a specified amount of money, which can be either upon request or on a predetermined future date.

Personal Bankruptcy

A legal process by which individuals unable to meet their debt obligations can obtain relief from some or all of their debts.

NSF

NSF stands for Non-Sufficient Funds, indicating that a check cannot be processed due to insufficient funds in the account.

Note Receivable

A financial asset representing a written promise to receive a specific amount of money at a future date or dates.