Which of the Following Is NOT One of the Reasons

question 16

Multiple Choice

Which of the following is NOT one of the reasons for having unrestricted sales territories discussed in the textbook?

• A)Salespeople are more motivated by unrestricted territories as they can develop customers anywhere
• B)The management may not have any plans for evaluating the performance of its sales team
• C)The company may be too small to be thinking about implementing territories
• D)The company's management may not have either the time or the expertise to develop sales territories
• E)Personal friendships or kinship may be the basis of attracting new customers

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Definitions:

Long-Run Equilibrium

A state in which all inputs and outputs in an economy are fully adjusted so that there is no tendency for change.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, an indicator of inflation.

Real GDP

The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the real value of goods and services produced.

Short-Run Economic Recession

A brief period of economic decline characterized by reduced industrial production, trade, and lowered levels of employment.