Final answer:
The standard object that stores information about sales deals is called an Opportunity in Salesforce. It allows the sales team to track the details and progress of potential sales.
Step-by-step explanation:
The standard object that stores information about sales deals is called a Opportunity in Salesforce, which is a customer relationship management (CRM) platform used by many businesses.
An Opportunity is a record that tracks the details of a potential sale, including the customer, the deal amount, the stage of the deal, and other relevant information. It allows the sales team and management to review and analyze the progress of their sales deals.
For example, in Ursa Major Solar, the VP of Sales can access the Salesforce platform to view the Opportunities and assess how close they are to achieving their sales goal for the quarter.