A Personal Sales Person's Primary Function Is Informing Customers About

question 45

True/False

A personal sales person's primary function is informing customers about the nature of the offering and the value and benefits of using the product or service.

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Definitions:

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Direct Labour

The wages or salaries paid to employees who are directly involved in the manufacturing or production of goods.

Bottleneck Operations

Stages in the production process that limit the overall output because they have a lower capacity compared to other stages.

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, indicating how much contributes to covering fixed costs and generating profit.