To _______ a lead or inquiry, the supplier (or contracted third parties) contacts the potential customer via direct mail, fax, e-mail, or telephone and asks a series of preliminary questions to confirm that the firm has significant sales and profit

opportunity
a. qualify
b. yield
c. mine
d. prospect

a

Business

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A company purchased 300 units for $30 each on January 31. It purchased 360 units for $36 each on February 28. It sold a total of 460 units for $40 each from March 1 through December 31

What is the amount of ending inventory on December 31 if the company uses the first-in, first-out (FIFO) inventory costing method? (Assume that the company uses a perpetual inventory system.) A) $7,200 B) $5,360 C) $6,000 D) $640

Business

Alton's new firm operates in an uncertain and rapidly changing market with shifting technology and short product life cycles. Alton is considering the use of independent sales reps because they will give him greater _____________ in distribution channels.

A. Geographic concentration B. Team selling C. Flexibility D. Outsourcing of production E. Matrix divisional dissection

Business