Amanda Perkins is a senior sales manager in Arlington Steelworks
As the customer base of her company has grown larger and more demanding over the last few years, Amanda insists on ________, or using groups of people from various departments such as sales, technical support, engineering, and even upper management to service complex accounts.
A) cross selling
B) e-procurement
C) team selling
D) observational research
E) vendor screening
C
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Due to unfavorable economic conditions, EFB Company's earnings and dividends are expected to remain unchanged for the next 3 years. After 3 years, dividends are expected to grow at a 10% annual rate forever
The last dividend was $2, and the required rate of return is 20%. What should be the current market value of EFB stock? A) $13.46 B) $14.51 C) $15.22 D) $16.03 E) $16.95