John Collins has been a sales rep for AdVance for 18 years. When he began his career with AdVance he followed the money and sold to any customer he could convince to buy
In the last 5 years, however, he has been focusing on acting with integrity in every selling situation. As a result, he has discovered that his immediate close rate on sales has gone down, but that he has developed a highly profitable group of long-term customers. What principle does this most likely demonstrate?
A) Transactional sales are built on lower prices.
B) Acting with integrity can be counterproductive to a salesperson.
C) No amount of professional success is worth sacrificing integrity.
D) A sales rep can have a long career even with low sales and few referrals.
E) Honesty and sincerity build long-term partnering relationships with customers.
E
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$1 million is invested at 6% for 10 years. How much additional proceeds is earned if the rate is compounded semi-annually compared to simple interest?
a) $600,000 b) $190,848 c) $1,790,848 d) $1,190,848 e) $206,111
An asset account is increased by a debit
Indicate whether the statement is true or false