Which of the Following Is a True Statement

question 412

Multiple Choice

Which of the following is a true statement?

• A) All recessions are due to external shocks.
• B) Ultimately, no recession has been due to an external shock.
• C) There have been recessions that cannot be explained by external shocks.
• D) All recessions and all expansions are due to external shocks.

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Definitions:

Long-Term Customer Relationships

Building enduring connections with customers, focusing on loyalty and repeated business through ongoing satisfaction and engagement.

Financial Rewards

Benefits given in the form of money, such as salaries, bonuses, or commissions, as compensation for employment or achieving specific goals.

Sales Engineers

Professionals who specialize in understanding complex products or services and use their technical knowledge to help sales teams and customers through the sales process.

Direct Sellers

Sellers who sell face-to-face to consumers—typically in their homes—who use products for their personal use.