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Jake is a sales representative for General Mills. Each week he uploads his plans for visiting clients out in the field to a routing and scheduling decisions system. Eric knows that one of the primary goals of routing and scheduling decisions in personal selling is to
Overhead
The ongoing business expenses not directly attributed to creating a product or service.
Operating Profit
The profit earned from a firm's normal business operations, excluding deductions of taxes and interest.
Markdown
A reduction in the selling price of goods or services, often used as a sales strategy to encourage consumer purchases or to clear older stock.
Mark-up
The difference between the cost of a product or service and its selling price, expressed as a percentage of the cost.
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