Identify and explain in detail the three main approaches commonly used in controlling sales force performance.
1) Establishing sales Territories
Establish sales territories for the members of your sales force. In this way, they will not be competing with one another and focus entirely on their getting leads and making more and more sale. In addition to this, when the territory is well-defined to the members of the sales the chances of missing out on potential customers reduce and it also becomes easy for a salesperson to establish a relationship with customers to the future business.
2) Allocation of sales Quota
most sales driven businesses define sales quota to each of its employees before one financial year. Sales quota gives a goal to the salesperson to work on and also help the company to keep the estimation of revenue generation by the end of a financial year.
The performance of a salesperson can be measured on the basis of sales made by them. However, sales quota varies from one sales person to another salesperson as depending on the area allotted to them and products sold by them.
3.Maintaining contact with a salesperson
It is important to keep constant contact with the members of the sales of your sales team. In this way, you can keep them motivated and also can help them to solve issues that they face in cracking sales deals.
The sales person can be contacted through phone calls or by face-to-face meetings.
Identify and explain in detail the three main approaches commonly used in controlling sales force performance.
14. Identify the six performance appraisal methods commonly used by HIM departments and explain the advantages and disadvantages of each. 15. Outline the six steps for initiating an employee performance improvement plan (PIP).
What are the main approaches that used by organizations to keep track of inventory? Clearly explain in detail each of these approaches. Support you answer by identifying some of the technologies that may be used for each approach
provide detailed answers 2. Identify and describe in detail the main requirements for effective inventory management? (25 Points) 3. What are the main approaches that used by organizations to keep track of inventory? Clearly explain in detail each of these approaches. Support you answer by identifying some of the technologies that may be used for each approach (20 + 5 Points)
1. a) What Training? Provide examples. 1 b) Identify and explain three commonly used training methods. Provide examples for each method. 1 c) Training not only leads to better jobs for employees but it has many advantages for the organization as well. Identify and discuss five advantages that can be derived from Training. Provide examples for each advantages.
1. Briefly describe the three approaches that are used to estimate the cost of common equity. Which approach is most commonly used in practice, and why? Post a follow-up question to further the discussion. 2.What is the preemptive right? How important is this to the average stockholder of a firm whose shares are traded on the NYSE? Is this more important to stockholders of publicly owned or privately held firms? Explain.
What are three approaches to the design of FIR digital filters ? Explain them in a more detail.
Identify the parameter used to determine the memory traffic and explain the performance of a computing machine in relation to memory traffic. (4 marks)
Identify and explain the main elements used in the common stock dividend valuation model.
Explain one of the following three theories in detail: Merton’s role theory, Goffman’s role performance, or Cooley’s looking-glass self. Apply the theory to your current life situation. Next, predict how your life will be different one year after graduating from college and utilize the same theory to describe your future life scenario. Include textual evidence to support your view. Discuss the social institution of marriage and family using any two of the three theoretical perspectives – functionalism, conflict, and symbolic...
Database Security a) Identify and briefly explain three main threats to database security b) Give an example of SQL injection where an SQL SELECT statement has been manipulated to bypass authentication