In Most Sales Organizations, __________ Have the Ultimate Responsibility for Recruiting

question 61

Multiple Choice

In most sales organizations, __________ have the ultimate responsibility for recruiting and selection.

• A) district sales managers
• B) regional sales managers
• C) sales managers with direct supervisory responsibility
• D) SBU managers
• E) vice presidents of sales

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Definitions:

Effective Annual Rate

A measure of the annual return on an investment, taking into account the effect of compounding interest.

Bonuses

Additional compensation given to employees as a reward for good performance, usually based on individual or company achievements.

Ordinary Annuities

A series of equal payments made at equal intervals, such as monthly or annually.

Annuities Due

An annuity for which the payment is due at the beginning of the period, as opposed to the end of the period.