A Sales Is the Standard That Establishes the Amount Each

question 132

Multiple Choice

A sales is the standard that establishes the amount each salesperson should sell and how sales should be divided among the company's products.

• A)contest
• B)incentive
• C)task
• D)quota
• E)goal

---

Definitions:

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, leading to more efficient trade possibilities.

Specialize

Refers to the process of focusing on a specific area of knowledge or skill within a broader field.

Comparative Advantage

The ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another.

Absolute Advantage

The ability of a country or entity to produce a good or service more efficiently than its competitors.