When a company demonstrates satisfactory overall sales and profit figures,then:
A)there is no need for a sales volume analysis.
B)there is no need for a marketing cost analysis.
C)there is no need for a marketing profitability analysis.
D)the 80-20 principle no longer applies.
E)None of these.

Question

Quizplus · Accepted Answer

Even if a company demonstrates satisfactory overall sales and profit figures, it still needs to analyze its sales volume, marketing costs, and marketing profitability in order to continue improving its performance and identifying potential areas for growth or cost savings. The principle of the 80-20 rule also still applies, as it is a widely recognized phenomenon in business that suggests 80% of a company's sales come from 20% of its customers or products.

When a Company Demonstrates Satisfactory Overall Sales and Profit Figures,then