Which Common Method for Classifying Accounts Is Popular Because of Its

question 55

Multiple Choice

Which common method for classifying accounts is popular because of its simplicity?

• A) Single-factor analysis
• B) Portfolio analysis
• C) Sales volume analysis
• D) Most Likely Sales (MLS) analysis
• E) Least Likely Sales (LLS) analysis

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Definitions:

Management

The process of planning, organizing, leading, and controlling resources and activities to achieve organizational goals effectively and efficiently.

Theory of Comparable Worth

The principle that jobs of equal value to an organization or society should receive equal pay, regardless of the job's nature or who holds it.

Market Researcher

A professional who analyzes market conditions to determine potential sales of a product or service, identifies target demographics, and gauges the competition.

Customer Service Representative

An employee who interacts with customers to handle complaints, process orders, and provide information about products and services.