Market position standards indicate ____________
Fill in the blank(s) with the appropriate word(s).
Ans: the total sales of a particular market that a company would have relative to its competitors
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Before calling a meeting, clearly define its purpose and set ______ to be accomplished during the meeting.
a. objectives b. strategies c. plans d. targets
Copying machines, personal computers, and fax machines are typically classified as _____ because they are not expensive, have short useful lives, and are frequently purchased from local distributors.
A. accessory equipment B. mobile equipment C. component parts D. processed materials E. supplies
) Phillippe is an inside salesperson who earns a base annual salary of $24,000 plus a 5% commission on total sales that he makes during the pay period. During a semimonthly period, he made $27,500 in sales. What is Phillippe's gross pay for the period? (Do not round interim calculations. Round final answer to 2 decimal places.)
A) $2,298.07 B) $2,390.38 C) $2,375.00 D) $2,422.50
The key to strong management in a new firm is:
A. balance, with each member having competence in at least one area. B. financial competence of the chief executive. C. a strong marketing manager who understands financial statements. D. close friendship among all members of the team.