A rotor salesman making a sales call to an industrial equipment manufacturer is an example of:
a. Business-to-business direct selling
b. Telemarketing
c. Door-to-door sales
d. Vending sales
Ans: a. Business-to-business direct selling
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Which of the following should be included in the body of a request for a recommendation?
A) The full name and address of the person to whom the letter should be sent B) A deadline for recommendation C) An offer to pay for the service rendered D) A sincere apology for the trouble caused E) An expression of appreciation
According to Krugman, the ideal way for a country to respond, when the foreign competitors of its companies are already being supported by government subsidies, is probably not to engage in retaliatory action, but to:
A. help establish rules that minimize the use of trade-distorting subsidies. B. adopt the strategic trade policy as a way to establish domestic firms in a dominant position in the global industry. C. provide a subsidy to a new industry where the foreign competitors have not had the benefit of such strategic trade policies. D. use a combination of home-market protection and export-promoting subsidies. E. provide high levels of subsidies to the oldest industry in the country.