Ramas Llewelyn Sells Display Shelving Used in Retail Stores

question 139

Multiple Choice

Ramas Llewelyn sells display shelving used in retail stores.He is asking his current customers for the names of other retail operations that might be interested in buying his company's shelving.What is he using to get his sales leads?

• A) networking
• B) noncompeting sales
• C) referrals
• D) cold calling

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Definitions:

Inclusive Unionism

A form of unionism aimed at representing a broad spectrum of workers, including those of different occupations, industries, and demographic backgrounds.

Minimum Wage

The lowest wage that employers may legally pay for an hour of work.

Labor Shortages

Labor shortages occur when employers have difficulty filling positions due to a lack of available, qualified candidates.

Equilibrium Wage Rates

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.