1. A good salesperson perceives objections as a hinderance to the purchase decision.i
2. True
3. False

2 points

QUESTION 2

1. Salespeople selling in foreign markets should tailor their presentations and closing styles to each market.
2. True
3. False

2 points

QUESTION 3

1. In social media, negative comments and complaints can illuminate unknown brand flaws.
2. True
3. False

2 points

QUESTION 4

1. Corporate blogs are easy to maintain because they do not require in depth wrting and monitoring of comments.
2. True
3. False

2 points

QUESTION 5

1. As products enter the growth stage of the product life cycle, prices generally begin to stablilize.
2. True
3. False

2 points

QUESTION 6

1. Predatory pricing is illegal under the Sherman Act and the Federal Trade Commission.
2. True
3. False

2 points

QUESTION 7

1. Crowdsourcing uses consumers to develop and market products.
2. True
3. False

2 points

QUESTION 8

1. Elastic demand is a situation in which an increase or a decrease in price will not significantly affect demand for the product.
2. True
3. False

2 points

QUESTION 9

1. LinkedIn originated as a community for college students and then opened up to the general public as active users grew.
2. True
3. False

2 points

QUESTION 10

1. Local-based social networking sites are websites that combine the fun of social networking with the utility of lcoal based GPS technology.
2. True
3. False