All of the following are a part of global production EXCEPT:

A. research.
B. distribution.
C. logistics.
D. portfolio investment.

Answer: D. portfolio investment.

Business

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A salesperson who is contacting possible buyers by mail or phone to assess their level of interest and financial capacity is in the ________ step of the selling process

A) preapproach B) prospecting and qualifying C) presentation and demonstration D) following up E) overcoming objections

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A unique characteristic of retailing is _____

a. the high effect of the business cycle on sales b. high foreign competition c. low average sales d. saturation of retail facilities

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