Question

In: Finance

1.Examine the important of establishment of sales territories.

1.Examine the important of establishment of sales territories.

Solutions

Expert Solution

Followings are the important of establishment of sales territories;

1. It helps in evaluation of the performance.

2. It helps in improving customers’ relationship.

3. It helps in getting better information about the market which will be used for better business’s estimations.

4. It is very helpful in establishing salesperson’s responsibilities.

5. It is helpful in minimization of overall selling expenses for the firm.

6. It is helpful in meeting requirements of the customers, so demands can be meet out efficiently.

7. It very helpful in supervision and controlling system.

8. A firm can easily compete in the competitive market with the help of establishment of sales territories.

9. Entire sales field of the firm can be covered easily & quickly with the help of establishment of sales territories.

10. Inefficient sales staff can be easily spotted with the help of such system and a firm can take quick corrective actions etc.


Related Solutions

Designing Territories and Allocating Sales efforts; Objective and Quotas for sales Personnel; Developing and Managing Sales...
Designing Territories and Allocating Sales efforts; Objective and Quotas for sales Personnel; Developing and Managing Sales Evaluation Programme; Sales Cost and Cost analysis. NOTES FOR SALES AND DISTRIBUTION MANAGEMENT
1. The Company has two territories--North and South. The territories have the following revenues and expenses:...
1. The Company has two territories--North and South. The territories have the following revenues and expenses: North                    South Sales                                                                          $ 500,000         $ 550,000 Variable costs                                                          200,000    275,000 Traceable fixed costs                                           150,000    180,000 Allocated common corporate costs           135,000        170,000   Net operating income (loss)                        $    15,000 $ (75,000 ) The management time is thinking about eliminating of the South Division due to its apparent unprofitability. If the South Division were to be eliminated, its traceable...
Discuss the limitations of allocating the market budget proportional to sales volume over several sales territories....
Discuss the limitations of allocating the market budget proportional to sales volume over several sales territories. What approach would you recommend in lieu of proportional allocation?
there are many aspects of fraud.  One of the important issues is the establishment of an...
there are many aspects of fraud.  One of the important issues is the establishment of an ethical culture.  The terms tone at the top, tone in the middle, etc are often used.  As a future leader, what will you need to know and understand to prevent fraud, and establish an ethical culture.  will you please put yourself in the role of your major, CFO, Director of Marketing, Director of Human Resource, Chief Treasury Manager, etc.
A sales region has been divided into five territories, each of which was believed to have...
A sales region has been divided into five territories, each of which was believed to have equal sales potential. The actual sales volume for several sampled days is logged in DATA. At x = 0.05, do the territories have equal sales volume? A. HO: Territories have equal sales volume is not rejected with pvalue 0.074. The counts are consistent with the model of equal proportions. B. HO: Territories have equal sales volume is rejected with pvalue 0.012. The counts are...
Examine the Sales functions in QuickBooks for managing customers and sales. Use one (1) scenario or...
Examine the Sales functions in QuickBooks for managing customers and sales. Use one (1) scenario or example to explain a feature or function that will help you make better management decisions in regard to managing customer & sales activities.
Why is antigenic variation important for the establishment of trypanosomiasis in its host? How is this...
Why is antigenic variation important for the establishment of trypanosomiasis in its host? How is this mediated?
The chapter describes the process to follow to develop territories. After territories have been developed, changes...
The chapter describes the process to follow to develop territories. After territories have been developed, changes may occur that indicate the territories need to be realigned. What changes can you identify that indicate the need for realignment? How would you go about the process of realigning territories? How would you implement the changes?
Joe entered into partnership with two others in the establishment of a real estate sales agency....
Joe entered into partnership with two others in the establishment of a real estate sales agency. The other two, Sam and Harry, had considerable experience in the real estate business but no money. Joe, on the other hand, had his own home and several significant assets, and although he didn't have any experience in the real estate business, his monetary contribution made him an equal partner with Sam and Harry. Unfortunately, Harry misused some trust funds that had come into...
Joe entered into partnership with two others in the establishment of a real estate sales agency....
Joe entered into partnership with two others in the establishment of a real estate sales agency. The other two, Sam and Harry, had considerable experience in the real estate business but no money. Joe, on the other hand, had his own home and several significant assets, and although he didn't have any experience in the real estate business, his monetary contribution made him an equal partner with Sam and Harry. Unfortunately, Harry misused some trust funds that had come into...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT