Setting a SMART Sales Objective Involves Setting Objectives Which Are

question 50

Multiple Choice

Setting a SMART sales objective involves setting objectives which are:

• A)Simple, Meaningful, Attention getting, Random, Time limited
• B)Specific, Meaningful, Articulated, Revolving, Time limited
• C)Specific, Measurable, Articulate, Relevant, Time bounded
• D)Specific, Measurable, Achievable, Relevant, Time bounded
• E)Singular, Measurable, Achievable, Relevant, Time honoured

---

Definitions:

Allocate Resources

The process of distributing available resources, such as labor, capital, and land, among various uses to fulfill societal needs and wants.

Consumer Surplus

The deviation between the monetary amount consumers are willing to pay for a good or service and the monetary amount they actually pay.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay and the actual price they do pay.

Consumer Surplus

The economic benefit enjoyed by consumers when they pay less for a product than what they were prepared to pay.