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Good Record-Keeping Systems Which Allow Sales People to Check Their

question 51

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Good record-keeping systems which allow sales people to check their own progress also help in achieving set goals.This is because the goals can be:

Recognize the significance of tailoring product and marketing strategies to diverse national markets.
Understand the mechanism of higher-order conditioning and its outcomes.
Recognize different conditioning techniques used to modify behaviors, including aversion therapy and habituation.
Differentiate between types of conditioning (classical, operant) and associated phenomena (habituation, sensitization).

Definitions:

Days' Sales Uncollected

A financial metric that measures how long it takes, on average, for a company to collect cash from its credit sales.

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales generated by comparing the profit and the revenue.

Total Asset Turnover

A financial measure that calculates the ability of a company to turn its assets into sales revenue.

Return On Total Assets

A financial ratio that measures a company's ability to generate profit from its assets.

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