When a Sales Manager Appraises His Employee's Performance on a Regular

question 42

Multiple Choice

When a sales manager appraises his employee's performance on a regular basis and provides immediate and constructive feedback,he is providing:

• A)motivation.
• B)leadership.
• C)structure.
• D)direction.
• E)consideration.

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Definitions:

Total Variable Cost

The total of all variable expenses associated with the production of goods or services, which changes as the level of production output changes.

Operate

To control the functioning of a machine or process, or to run and manage a business or organization.

Market Price

The current price at which an asset or service can be bought or sold in the market.

Profit Maximization

A fundamental goal of businesses, which involves adjusting inputs and outputs to achieve the highest possible profit.