Franklin Has Recently Joined Ribben,a Popular Party Items Manufacturer,as a Sales

question 45

Essay

Franklin has recently joined Ribben,a popular party items manufacturer,as a sales manager.Franklin has recently graduated from State University with his masters degree and has little actual job experience.The other four marketing managers all started working at Ribben as entry level sales agents and are not terribly thrilled that Franklin was hired.What issues might Franklin be facing and what should he do to be successful within the organization?

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Definitions:

Computer Algorithms

Step-by-step procedural instructions used for data processing and automated reasoning, often utilized in trading and investment decision-making processes.

Preliminary Registration Statement

A document submitted by a company to securities authorities detailing a planned offering of securities, subject to change before it becomes final.

Securities And Exchange Commission (SEC)

A U.S. federal agency responsible for enforcing federal securities laws, regulating the securities industry, and ensuring that the nation's securities exchanges and markets operate fairly and honestly.

Initial Public Offering (IPO)

The first sale of stock by a private company to the public, transitioning it into a publicly traded company.