Fewer overnight trips and more regular contact with productive customers can reduce sales expenses as well as improve a firm's sales-cost ratio.
Answer the following statement true (T) or false (F)
True
Sales territories are designed to avoid duplicating efforts so that two salespeople do not travel in the same area. Such benefits as fewer travel miles and fewer overnight trips, plus regular contact with productive customers by the same salesperson, can improve the firm's sales-to-cost ratio.
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Errors that can be attributed to sources other than sampling are called nonsampling errors
Indicate whether the statement is true or false
A plant manager is attempting to determine the production schedule of various products to maximize profit. Assume that a machine hour constraint is binding. If the original amount of machine hours available is 200 minutes.,
and the range of feasibility is from 130 minutes to 300 minutes, providing two additional machine hours will result in: A) the same product mix, different total profit. B) a different product mix, same total profit as before. C) the same product mix, same total profit. D) a different product mix, different total profit.
Controls that are generally used by multinational companies (MNCs) to monitor performance on a monthly basis are ________.
A. internal B. external C. direct D. indirect
Job analysis is best done by someone thoroughly familiar with the organization and its jobs and trained in how to do the analysis properly.
Answer the following statement true (T) or false (F)