A Job Description for Salespeople Is Least Likely to Be

question 27

Multiple Choice

A job description for salespeople is least likely to be used when:

• A)Establishing a territorial structure for the sales force.
• B)Determining the company's sales potential in new markets.
• C)Establishing a sales training program.
• D)Deciding on the method of supervising the salespeople.
• E)Designing an expense-payment plan for salespeople.

Comprehend the concept and types of contracts implied by the consideration provided.

Interpret the legal consequences of failed consideration in contractual agreements.

Understand the concept and role of consideration in forming a valid contract.

Identify what constitutes legal consideration and differentiate it from inadequate or no consideration.

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Definitions:

Mean

The average of a set of numbers, calculated by adding them together and dividing by the number of values.

Confidence Interval

A range of values, derived from the sample statistics, that is likely to contain the population parameter with a certain level of confidence.

Population Mean

Population mean is the average of all the values in a population.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the numbers are from the mean.