Some Sales Managers Are Talking About Business

question 148

Multiple Choice

Some sales managers are talking about business. Which quotation refers to a movement along the demand curve?

• A) "Since our competitors raised their prices, our sales have tripled."
• B) "Because it's been such a warm winter, our sales of wool scarves are down from last year."
• C) "We decided to cut our prices, and there has been a big increase in our sales."
• D) "The Green movement has made our biodegradable products best-sellers."
• E) None of the above

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Definitions:

Raw Energy

A term often used to describe a powerful, innate, and untamed force or dynamism within individuals or teams.

Intelligence

refers to the ability to learn, understand, and apply knowledge, solve problems, and adapt to new situations.

Entrepreneurial Process

A series of steps taken by entrepreneurs to conceptualize, launch, and manage a new business venture.

Own Bosses

A term often associated with entrepreneurship, indicating individuals who are self-employed and have full control over their work, decisions, and income.