The Sales Director at WebMD Is Developing Goals Regarding Sales

question 45

Multiple Choice

The sales director at WebMD is developing goals regarding sales revenue targets and the number of new medical-related content providers that the firm needs to maintain a competitive advantage.In which step of the strategic management process is the sales director most likely involved?

• A)performing external and internal audits
• B)defining the business and its mission
• C)translating a mission into strategic goals
• D)evaluating strategic decisions

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Definitions:

Market Value

The present cost that an asset or service is being traded for in the market.

Book Value

The value of an asset as it appears on the balance sheet, calculated by subtracting any depreciation or amortization from its original cost.

Note Payable

A written promise to pay a specific amount of money, often bearing interest, at a future date.

Market Value

The amount for which something can be sold in a given market at a particular time.