8
QuizMultiple Choice

Study Guide and Quiz

Question 8 • 2413V Workforce Prep- B

The __________ is the percentage of sales leads that actually end up buying the product.

Answer
A
Retention ratio
B
Conversion rate
C
Sales commission
D
Market penetration value

Explanation

The conversion rate measures the share of sales leads that become customers. For example, if 20 out of 100 leads buy the product, the conversion rate is 20%. Therefore, the correct choice is “Conversion rate.”

AI-written and checked against the verified answer.

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