Approaches Used to Rank Products for Revenue Allocation Might Include

question 30

Multiple Choice

Approaches used to rank products for revenue allocation might include:

• A)surveying customers on the importance of each product.
• B)having managers use their knowledge and intuition.
• C)using recent data on stand-alone sales performance.
• D)All of these answers are correct.

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Definitions:

Defined Contribution Plan

A type of retirement savings plan where the amount contributed to the plan is defined, but the future benefit amounts are not guaranteed.

Risk-free Return

The return on an investment with no risk of financial loss, typically associated with government bonds.

Standard Deviation

A statistical measurement that reflects the amount of variance or dispersion of a set of values. A low standard deviation means that the values tend to be close to the mean, while a high standard deviation means that the values are spread out over a wider range.

Defined Contribution Plan

A retirement savings plan where an employer or employee contributes a fixed amount or percentage of the employee's salary into their account, and the retirement benefit depends on the account's investment performance.