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A Business Orientation That Is Focused on the Number of Transactions

question 70

Multiple Choice

A business orientation that is focused on the number of transactions and signed contracts, regardless of whether the deals were made with new or existing customers, is characteristic of a


Definitions:

Maximize

To increase to the greatest possible amount or degree.

Minimize

To reduce something to the smallest possible level or amount.

Profits

The financial gains obtained when revenues exceed the costs and expenses incurred to operate the business.

Total Costs

The sum of all costs incurred by a business in producing a certain amount of goods or services.

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