If a Company's Foreign Sales Per Customer Is Small Compared

question 20

Multiple Choice

If a company's foreign sales per customer is small compared to those in its domestic market, it should most likely ________.

• A)introduce a larger family of products
• B)narrow the product line offered to the market
• C)reconfigure the product life cycle marketing strategy
• D)shift additional salespeople to the domestic market

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Definitions:

Units

In business, units refer to the individual items or quantities of a product or service measured for sale, production, or inventory.

Revenue

The total amount of money generated by the sale of goods or services related to a company's primary operations.

Planning Budget

A budget that is prepared for a specific level of activity; it outlines the expected revenues and expenses associated with a planned activity level.

Wells Serviced

The number of oil or gas wells that have undergone maintenance, repair, or installation services within a given period.