Which of the Following Is Not a Payment Method Used

question 54

Multiple Choice

Which of the following is not a payment method used for international trade?

• A) Supplier credit
• B) Bill of exchange
• C) Bill of lading
• D) Letter of credit
• E) All of the above are payment methods used.

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Definitions:

Sales Presentation

A Sales Presentation is a formal pitch used by salespeople to introduce and sell a product or service to potential buyers, highlighting benefits and addressing objections.

Differentiating Needs And Wants

The process of distinguishing between what consumers require because it is necessary (needs) and what they desire for personal satisfaction (wants).

Product Advantages

The unique benefits or value a product offers to a customer, distinguishing it from competitor offerings.

SELL Sequence

SELL sequence is a sales strategy that outlines a sequence of steps Salespersons follow to effectively sell a product or service, usually involving stages like Show, Explain, Lead, and Lock.