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Sales representative Joshua's performance index for February was 120 with sales of $240,000. What was his sales target for the month of February?

  • $180,000
  • $288,000
  • $241,200
  • $200,000
  • $120,000

Rowan Accounting Software uses the order-call ratio to measure the performance of its salespeople. If, in the past year, a salesperson made $10 million in sales, called on 3600 potential business customers (either by phone or in person), and got 1200 orders, what was this sales rep's order-call ratio (to the nearest whole number percent)?
rev: 05_02_2015_QC_CS-14808

  • 80 percent
  • 33 percent
  • 300 percent
  • 200 percent
  • 12 percent

Jane Boldin sold 1050 cases of chocolate bars during the last month. This represented 105% of quota. Jane's quota for chocolate bars for the last month were:

  • 2000
  • It is not possible to determine from these data.
  • 1000
  • 1100
  • 1050

A company earned $40,000 in profits for the first week of the year. If the 80/20 rule applies to its products, the company could expect to have made how much profit from the most profitable 20% of its products.

  • $32,000
  • $8,000
  • $40,000
  • $100,000
  • $80,000

When a company uses the contribution-margin approach:

  • Only fixed costs are considered.
  • All costs are allocated to products, customers, or other categories.
  • Attentions are on the 20% of customers that make up 80% of revenue.
  • Costs are only allocated to products.
  • Focuses on variable costs.

Rosanna Diaz had a quota to sell 20 photo copy machines in the first quarter of the year. She achieved 140% of quota. How many copy machines did Rosanna sell in the first quarter of the year?

  • 12
  • 28
  • 20
  • 14
  • 32

Healthy Supp Vitamin Sales put together data to measure sales performance by region of the United States. The Eastern region included 25% of the U.S. population and was expected to deliver 25% of Healthy Supp Vitamin Sales' share. This region ended up delivering 20% of the company's overall sales. The performance index for the Southern region would be:

  • 87
  • 75
  • 120
  • 125
  • 80

A firm that deals with large numbers of consumers should:

  • Analyze data over the long term instead of in real time, in order to minimize costs.
  • Handle customer complaints in bulk rather than individually in order to save time.
  • Avoid using toll-free customer service lines and e-mail features on its Web site in order to minimize complaints.
  • Rely on salespeople rather than online tools to handle all customer complaints.
  • Employ a tracking system to ensure that all consumer complaints receive a follow-up.

A firm has 1000 clients and generates a monthly profit of $100,000. If the 80/20 rule applies to this firm's customers, which of the following statements is true?

  • The firm generates a monthly profit of $80,000 from its most profitable 800 clients.
  • The firm generates a monthly profit of $80,000 from its most profitable 200 clients.
  • The firm generates a monthly profit of $120,000 from its most profitable 800 clients.
  • The firm generates a monthly profit of $120,000 from its most profitable 100 clients.
  • The firm generates a monthly profit of $100,000 from its most profitable 800 clients.

A soft drink producer had the following data in a table of sales performance. It expected to sell 8000 units for the month, and the sales performance index was 60. How many units of the grape-flavored soda were actually sold?

  • 8000
  • 13,333
  • 1333
  • 6000
  • 4800

Specialty Computer Printers motivated its sales force with a contest where salespeople that sold 125% of sales quota of a new computer printer model won a new iPad. Colin's quota for the coming quarter was 2000 units of the new printer. What is the minimum number Colin could sell to win the new iPad?

  • 4000
  • 1000
  • 1500
  • 2000
  • 2500

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M91767807
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