Examlex
Scenario 19.1
Use the following to answer the questions.
Jafrum,Inc.is a wholesale supplier of motorcycle accessories,clothing,and tools to various motorcycle retail stores around the country.Jafrum does not manufacture these items,but sells them to other retailers and also sells its merchandise through its website.Sean Thompson is one of the salespeople for Jafrum,and is responsible for obtaining new customers,increasing sales to current customers,and visiting the retail stores throughout the country.Recently,he has been given the sales objective from Jafrum's management to increase sales dollars by 15% in the coming year by adding new customers.Sean's current compensation is based on a $1,000 per month draw,plus 5% of all sales over $100,000.His salary last year totaled $42,000.Management has given Sean the choice of going to a compensation plan where he will earn 15% of all sales,but no draw.
-Refer to Scenario 19.1.Sean has narrowed his list and is preparing a packet of information about Jafrum and its products to send to the prospects.He also includes a letter of introduction and says he will contact them within the next two weeks to set up a sales visit.In this scenario,Sean is all of the following except
Government Restrictions
Regulations imposed by authorities to control or limit certain activities, behaviors, or operations.
Exclusive Right
A legal provision giving the holder the sole permission to produce, use, or sell a particular commodity or concept.
Cement
A binding agent used in construction that sets, hardens, and adheres to other materials, commonly used to bind sand and gravel in concrete.
Downward Sloping
A term typically used to describe a demand curve that shows the inverse relationship between the price of a product and the quantity demanded.
Q2: How does a scientific theory differ from
Q23: A major disadvantage of personal selling is
Q35: Explain the ethical implications of professional pricing.
Q47: Most often, the opinions of a firm's
Q90: What are the terms of F.O.B. pricing?
Q96: What are some limitations of using sales
Q112: Refer to Scenario 18.2. When deciding on
Q114: When Blue-ray disc players were first introduced
Q134: Jake, a sales representative is returning from
Q172: Mars Petcare is one of the world's