A Sales Quota Contains Goals, Such as Last Year/current Year

question 291

Multiple Choice

A sales quota contains goals, such as last year/current year sales ratio, accounts generated, profit achieved, or

• A) sales of specific products.
• B) new clients contacted.
• C) reports filed.
• D) complaints received.
• E) customer enquiries.

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Definitions:

Free-Trade Theories

Economic theories advocating for the elimination of barriers to the exchange of goods and services between nations, to encourage trade and economic growth.

Mercantilism

A trade theory which suggests that trade generates wealth for a country with a trade surplus, with emphasis on colonization and military conquest.

Interventionist Trade Theory

A theory suggesting that government intervention in international trade through policies and regulations is necessary to correct market failures and protect domestic industries.

Trade Surplus

Occurs when a country's exports exceed its imports, indicating a positive balance of trade.