All of the Following Are Output-Related Measures Used in Quantitative

question 213

Multiple Choice

All of the following are output-related measures used in quantitative assessments of sales performance except

• A)new accounts generated.
• B)dollar or unit sales volume.
• C)sales of specific products.
• D)selling expense related to sales made.
• E)current sales ratio.

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Definitions:

Income

The financial gain that an individual or business receives, usually from employment, business activities, or investments.

Utility Function

A mathematical representation of how a particular good or set of goods generates satisfaction or utility for an individual or consumer.

Flood

An overflow of water that submerges land which is usually dry.

Insurance

A risk management tool that provides financial protection against potential losses in exchange for premium payments.