It is important that all sales managers understand the "iceberg principle" because it states that:
A) analogous to the invisible 90 percent of floating icebergs which can sink mighty ships (like the Titanic) , favorable total sales figures can hide unprofitable market segments and unproductive sales activities
B) large numbers of the sales force are not very productive compared to what they could be since their sales managers are cold, aloof, and insensitive to their individual needs, i.e., they act much like a floating iceberg
C) like a floating iceberg, some salespeople will initially rise above the others due to their self promotion efforts and flamboyance, yet it is the hardworking average salesperson who makes up the vast ocean of successful salespeople
D) many salespeople merely float near the surface, somewhat like icebergs, without ever attempting any in-depth penetration of their markets to obtain larger sales
Correct Answer:
Verified
Q14: The following factors are not considered when
Q15: When deciding how to breakdown the sales
Q16: Of the following, _ will be the
Q17: Alma Molloy has recently been promoted to
Q18: All the following classifications of sales data
Q20: _ costs increase directly with the number
Q21: The "concentration principle" suggests that:
A) favorable total
Q22: All of the following are reasons for
Q23: Marketing cost can be classified into two
Q24: To conduct a marketing cost (or profitability)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents