A Sales Manager Has Implemented a Program for His Salespeople

question 22

Multiple Choice

A sales manager has implemented a program for his salespeople that involves a meeting with each salesperson, during which the sales manager gives the salesperson the yearly quota for the salesperson's territory. The sales manager has missed the key concept in management by objectives, which is

• A) reducing the paperwork involved in the MBO process.
• B) a mutual understanding of the punishment to be given if the salesperson does not meet the goal set by the sales manager.
• C) mutual goal setting between the sales manager and the salesperson.
• D) documentation of the sales quota in the salesperson's personnel file.
• E) ensuring that the economy can support the sales quota assigned.

---

Definitions:

Trade or Business

Activities conducted for the purpose of income or profit, engaged in consistently and regularly to qualify as deductible business expenses.

Copyright

Legal protection given to creators of original works, including the right to copy, distribute, and adapt the creation.

Schedule D

A tax form used to report capital gains and losses incurred during a specific year.

Form 4797

A tax form used to report the sale or exchange of business property.