A salesperson can use regular levels of effort to make a sale (30% chance of success), or they can make a stronger effort and increase their chances of success to 60%. The extra effort costs $60 more than the regular effort for the salesperson. How much should salesperson's employer provide as a bonus to assure strong sales effort? A. $60 B. $120 C. $200 D. $300
Solution: $200
Working:
A. $60 [$60 bonus earned 60% of the time would not offset a $60 cost of effort.]
B. $120 [60% * 120 - $60 = 12. It is lower than the extra cost
C. $200 [60%* $200 - $60 = 60. It equals the extra cost]
D. $300 [60%* $300 - $60 = 120. It exceeds the extra cost]
A salesperson can use regular levels of effort to make a sale (30% chance of success),...
ead the article "How the Internet Has Changed the Salesperson's role". Then provide your thoughts on the following questions: In transactional sales situations, the personal sales agents will be obsolete 10 years from now. Discuss if you: (1) agree or disagree, (2) why, and (3) provide examples of organizations here is the aricle Oct 13, 2017 - Matthew Cook, Director of Sales Enablement Practice The art of selling has been dramatically altered since the rise of the internet and the...
Read the article "How the Internet Has Changed the Salesperson's role". Then provide your thoughts on the following questions: In transactional sales situations, the personal sales agents will be obsolete 10 years from now. Discuss if you: (1) agree or disagree, (2) why, and (3) provide examples of organizations here is the aricle Oct 13, 2017 - Matthew Cook, Director of Sales Enablement Practice The art of selling has been dramatically altered since the rise of the internet and the...
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