Fewer Overnight Trips and More Regular Contact with Productive Customers

question 75

True/False

Fewer overnight trips and more regular contact with productive customers can reduce sales expenses as well as improve a firm's sales-cost ratio.

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Definitions:

Business Organization

An entity formed for the purpose of carrying on commercial enterprise, including corporations, partnerships, and sole proprietorships.

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Sole Proprietorship

A business model in which a sole individual is the owner, manager, and bears the entire responsibility for the business’s liabilities and operations.

Legal Formalities

Specific procedures and requirements established by law that must be followed for certain actions or documents to be legally valid or enforceable.