The Demand for Money for Which the Purpose Is Making

question 267

Multiple Choice

The demand for money for which the purpose is making unexpected purchases or meeting emergencies is considered to be part of

• A) precautionary demand.
• B) transactions demand.
• C) asset demand.
• D) savings demand.

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Definitions:

Approach and Presentation

The initial stage in the sales process where a salesperson introduces themselves and their product or service to a potential customer.

Trial Close

A trial close is a sales technique where the salesperson asks a potential buyer a question that assumes the sale has been made to gauge their readiness to complete the purchase.

Selling Process

A series of steps or stages followed by sales professionals to identify prospective clients, engage them, and ultimately close a sale.

Sales Presentation

A structured pitch or demonstration aimed at persuading a potential client to purchase a product or service.