Claire is a salesperson for a pharmaceutical company. During sales calls with prospective buyers, she often hears the statement “Give me a couple of weeks to think it over.” In the context of sales resistance, this statement is most likely an example of a _____.

In the context of the ADAPT questioning system, _____ trigger a customer’s interest in solving discovered problems by helping him or her gain insight into the true ramifications of the problem and to realize that what may initially seem to be of little consequence is, in fact, of significant consequence.

Buyers who are less responsive tend to be task-oriented.

Burlywood Company has two divisions with the following segment margins for the current year: Rosewood, $170,000; Sandalwood, $230,000. Common expenses of the company are $36,000. Calculate Burlywood Company’s net income.

A successful firm

Which of the following is a limitation of the profit measurement of a firm?

The market size variance is the difference between actual and budgeted industry sales in units, multiplied by the budgeted market share percentage, times the

The sum of the change in units for each product multiplied by the difference between the budgeted contribution margin and the budgeted average unit contribution margin is called the

The pricing of a new product at a low initial price to build market share quickly is called

Scottish Company manufactures a variety of toys and games. John Chisholm, president, is disappointed in the sales of a new board game. The game sold only 10,000 units in the current year when 30,000 were projected. Sales for next year look no better. At $100 per game, it is not a hot seller. Direct costs of the board game are $56 variable cost and $100,000 fixed. John is considering several options. Option 1: Cut the price to $70 and perhaps sell 15,000 units. Option 2: Cut the price to $60, reduce material costs by $10, and cut advertising by $60,000. Anticipated volume for this option is 10,000 units. Option 3: Cut the price to $80 and include a $10 mail-in rebate offer. It is anticipated that 15,000 units could be sold and only 30% of the rebate coupons would be redeemed. ​ What is the profit (loss) from Option 3?