Your Company Manufactures Basic Widgets, Modified Widgets Called "Wadgets," and a High-Performance
Your company manufactures basic widgets, modified widgets called "wadgets," and a high-performance widget called the "wodget." The industry sales ratio for the three lines are widget-70%, wadget-20%, and wodget-10%. You learn that while your company is selling 70 percent basic widgets, they are still $500,000 under their forecast for this line, while unit volume is right at expected levels (i.e., 100% of quota). This fact suggests they should revise their forecast rather than working harder to sell more widgets.
Correct Answer:
Verified
Q1: The most common objectives are the attainment
Q2: Net sales revenue minus variable cost equal
Q3: When 20 percent of the sales come
Q5: Cost-of-goods-sold figures should not be used in
Q6: Industry sales figures and standards are useful
Q7: National advertising and production costs are typically
Q8: The first step in a sales force
Q9: An assessment of sales results is usually
Q10: Another tabulation that is useful to sales
Q11: Evaluation is essentially a comparison of sales
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