Which of the Following Is a TRUE Statement

question 98

Multiple Choice

Which of the following is a TRUE statement?

• A) Opportunity cost is always measured in the nation's currency.
• B) Opportunity cost is an objective measure since the cost of an activity is the same for everyone.
• C) The fewer alternatives there are the greater the opportunity cost.
• D) Opportunity cost is always a foregone opportunity.

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Definitions:

Compliment Close

A sales technique where the seller compliments the potential buyer in a genuine manner to create a positive end to a sales interaction, hoping to secure the sale.

Assumptive Close

A sales technique where the seller assumes that the customer has already decided to purchase and moves straight to the closing phase.

Closing Technique

A sales strategy or method employed to persuade a customer to make a purchase or commit to an action, effectively finalizing the deal.

Prospect Order

The action of a potential buyer indicating their intention to purchase a product or service, often considered a critical step in the sales process.