Economic Resources Do NOT Include

question 29

Multiple Choice

Economic resources do NOT include:

• A)natural resources
• B)real capital assets
• C)human effort
• D)stocks and bonds
• E)human ingenuity

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Definitions:

Equalized Workload Method

A market-based sales force sizing approach in which sales managers use sales-activity calculations to determine proper staffing levels.

Incremental Productivity Method

A technique for measuring the additional output produced as a result of an increase in a specific input, often used in evaluating employee or process efficiency.

Sales Territory

A designated geographic area or customer group for which a salesperson or team is responsible.

Competitive Benchmarking

A market-based sales force sizing approach in which sales managers match the size of competitors’ sales forces.