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BHstudystack#2

study stack #2 16 P8

QuestionAnswer
What is ROI Return on investment
The 5 types of distribution Motor, rail, water, pipe, and air
3 types of buyer decision making Extensive, limited and routine
What does ABC stand for always be closing
what is suggestion selling where you ask if they want to buy additional things
when should you start advertising before
what does GDP stand for gross domestic product
what does CPI consumer price index
what does PPI producer price index
what are the 4 economic cycles prosperity recession depression recovery
True or false: the economic cycles can fall back and go forward true
definition of supply total products produced
definition of demand consumer interest in product
equilibrium is when supply and demand are the same
what does ROI mean return on investment
what is psychological pricing $17.99 instead on $18
prestige pricing high pricing because people like it and good quality
multiple unit pricing bulk buying
what is the first step in the sales process the approach
the final step in the sales process the follow up
Created by: harlowbo
 

 



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