Some Companies Follow a Strategy of Sales Maximization

question 89

Essay

Some companies follow a strategy of sales maximization.They say that this puts them in close touch with their customers and they can better track the market, responding to needs more quickly.However, this increases costs because of the need to stock a wider variety of parts, sizes, colors, etc.What would make this strategy a profit-maximizing one?

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Definitions:

Citing A Specific Fact

The act of mentioning or referring to a particular detail or piece of information as evidence or illustration.

Professional Conduct

A set of standards, behaviors, and practices that are considered appropriate and ethical in a professional setting.

Waiting For An Interview

The period of anticipation between applying for a job and being called for an interview, often marked by preparation and anxiety.

Pre-Employment Tests

Assessments used by employers to evaluate potential employees' abilities, personality traits, and compatibility with the job and company culture.