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Prospecting–Identifying prospects or prospecting occurs when the sales person seeks to identify leads or prospects (i.e., people who are likely to be in the market for the offer). To identify prospects, sales representatives might use a variety of sources such as business directories (for corporate clients), commercial databases or mailing ...
Prospect theory. Daniel Kahneman, who won the 2002 Nobel Memorial Prize in Economics for his work developing prospect theory. Prospect theory is a theory of behavioral economics, judgment and decision making that was developed by Daniel Kahneman and Amos Tversky in 1979. [ 1] The theory was cited in the decision to award Kahneman the 2002 Nobel ...
Multi-level marketing (MLM) is a controversial business model that involves selling products or services through a network of distributors who earn commissions based on their own and their recruits' sales. MLM is also known as network marketing, direct selling, referral marketing, or pyramid selling. This article explains the history, legality, criticism, and types of MLM, as well as some ...
Bioprospecting (also known as biodiversity prospecting) is the exploration of natural sources for small molecules, macromolecules and biochemical and genetic information that could be developed into commercially valuable products for the agricultural, [ 2][ 3] aquaculture, [ 4][ 5] bioremediation, [ 4][ 6] cosmetics, [ 7][ 8] nanotechnology ...
Prospecting is the first stage of the geological analysis (followed by exploration) of a territory. It is the search for minerals, fossils, precious metals, or mineral specimens. It is also known as fossicking . Traditionally prospecting relied on direct observation of mineralization in rock outcrops or in sediments.
Sales. Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. A period during which goods are sold for a reduced price may also be referred to as a "sale". [ 1] The seller, or the provider of the goods or services, completes a sale in ...
Placer mining ( / ˈplæsər /) [ 1] is the mining of stream bed deposits for minerals. [ 2] This may be done by open-pit mining or by various surface excavating equipment or tunneling equipment. Placer mining is frequently used for precious metal deposits (particularly gold) and gemstones, both of which are often found in alluvial deposits ...
A placer claim is a mining claim on gravel or ground from which minerals are extracted using water. [1] In the United States, the valuable mineral in a placer claim is almost always gold, although other nations mine placer deposits of platinum, tin, and diamonds. In the United States, a placer claim grants to the discoverer of valuable minerals ...