Developing a List of Potential Customers Is Called

question 28

Multiple Choice

Developing a list of potential customers is called

• A) preapproaching.
• B) surveying.
• C) scouting.
• D) prospecting.
• E) screening.

---

Definitions:

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities at any given time.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a specific period.

World's Population

The total number of people living on Earth at any given time, an ever-changing figure due to births, deaths, and migration.

Living Standards

The measure of financial wealth, comfortability, possessions in terms of goods, and necessary items afforded to a distinct social class or area.