Cookies are for Closers (Sales)
Close the deal
Between an LLC and Sole Proprietorship, which business structure faces unlimited liability for business debts?
Sole Proprietorship
True or false: A consumer is someone who will buy a product and a customer is someone who will use it.
False, Consumers use it, customers buy it
Uber is an exampleof a Service, Manufacturing, Merchandising, or Hybrid Service?
Service
Heads or Tails?
Tails never fails
When is the better time for suggested selling? Before or after a customer commits to making a purchase. Ex: trying to sell a warranty plan along with a new iPhone
After
Tangible (objects that you can hold/touch) items count as a good or service?
Goods
True or False: Marketing exchanges HAVE TO immediately occur in order to count as a transaction
False
Michelin tires counts as a Service, Merchandising, Manufacturing, or Hybrid Business?
Manufacturing
When should you have your halloween decorations taken down by?
The weekend following Halloween
Handling objections are considered an opportunity instead of a problem because properly addressing and handling objections helps you establish (blank)-ibility with your customers
Credibility (also would take trustworthiness)
Amazon Prime Video counts as a good or service?
Service
Advertising a social media platform to show how appealing and fun it is to play with a toy ball but advertising safety features is appealing to both kids and parents. The kids and parents count as both (blanks) and (blanks) respectively
Consumers=kids Customers=Parents
Home Depot is a Service, Manufacturing, Merchandising, or Hybrid Business?
Merchandising
When is the earliest you should you put your Christmas decorations up?
After Thanksgiving
The proper way to handle objections is to use LAER. What does LAER stand for?
Listen, Acknowledge, Explore, and Respond
Two friends want to open a business together and plan to share all management duties and financial responsibilities equally. However, they do not establish any formal legal protection. What type of business structure have they created?
General Partnership
Surprise Silly Time: When is your next day off?
Monday Nov 2
Amazon counts as what kind of business? Merchandising, Manufacturing, Service, or Hybrid?
Hybrid
32-0
True or False: when trying to ask customers what they are looking for in a product, ask open ended questions
True
Between sole proprietorships and corporations, which has an easier time raising capital (money) by selling shares of the company?
Corporations raise money more easily by selling shares/stocks than sole proprietorships can
CLV stands for what? Think about all the purchases a customer makes over time with a salesperson
Customer Lifetime Value
Edward Jones counts as a service, manufacturing, merchandising, or hybrid company?
Service. (Edward Jones is a financial services company that helps people invest money, plan retirement, etc.)
How many days do you get off from school next week?
2