Examlex
Answer the following questions using the information below:
Sales of Blair Inc. have been on a steady decline for the last 12 months. A market research study conducted revealed that the product of Blair Inc. can be sold only for $400 as opposed to the current market price charged of $500 per unit. Blair Inc. has decided to revise its sales price to $400. The annual sales target volume of the product after price revision is 200 units. Blair Inc. wants to earn 18% on its sales amount.
-What are the target sales revenues?
Ineffective Performance
A level of work performance that fails to meet established standards or objectives.
Low Morale
Low Morale refers to a general feeling of dissatisfaction, lack of enthusiasm, or disengagement among employees within an organization.
Financial Performance
A measure of how well a firm can use assets from its primary mode of business and generate revenues, indicating the company’s financial health, profitability, and growth over a certain period.
Performance-Driven Cultures
Organizational environments that prioritize measurable results and rewards based on performance achievements.
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