Question

The hogarth corporation evealuates its sales force's preformance by using quotas. The following quotas have been...

The hogarth corporation evealuates its sales force's preformance by using quotas. The following quotas have been set for three of the firms sales people:

SALES PERSON SALES VOLUME GROSS MARGIN NUMBER OF CALLS
D. Elmer $320,000 $60,000 23
J. Spencer $300,000 $50,000 25
T. Farrell $350,000 $58,000 21

The results were as follows:

SALES PERSON SALES VOLUME GROSS MARGIN NUMBER OF CALLS
D. Elmer $330,000 $58,000 25
J. Spencer $350,000 $55,000 21
T. Farrell $340,000 $60,000 28

Compute the Performance Index for each sales person for sales volume, gross margin and number of calls if the performance index (PI) = (actual results/ sales quota)*100%

SALES PERSON SALES VOLUME GROSS MARGIN NUMBER OF CALLS
D. Elmer
J. Spencer
T. Farrell

Which sales person scored best on Volume quotas ALONE?

Which sales person scored best on BOTH volume and financial quotas?

Homework Answers

Answer #1

ANSWER IS SOLVED AS PER GIVEN QUESTION.
KINDLY, RAISE YOUR THUMBS UP BUTTON...
ALL THE BEST!!!!
#STAY_HOME
#BE_SAFE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The following data (in thousands of dollars) have been taken from the accounting records of TCorp...
The following data (in thousands of dollars) have been taken from the accounting records of TCorp for the just completed year: Administrative expenses $ 600 Direct labor 800 Finished goods inventory, beginning 480 Finished goods inventory, ending 640 Manufacturing overhead 920 Purchases of raw materials 480 Raw materials inventory, beginning 160 Raw materials inventory, ending 280 Sales 3,960 Selling expenses 560 Work in process inventory, beginning 280 Work in process inventory, ending 200 Answer the two questions below. 1) What...
To raise awareness of its capabilities, FedEx developed a sales promotion that was sent to selected...
To raise awareness of its capabilities, FedEx developed a sales promotion that was sent to selected offices. To assess the possible benefit of the promotion, FedEx pulled the shipping records for a random sample of 50 offices that received the promotion and another random sample of 75 that did not and collected data on the number of mailings. They want to see if those who received the sales promotions shipped more mailings. The complete set of results is provided below:...
QUESTION 1 Which one of the following would NOT be necessary for an offer to have...
QUESTION 1 Which one of the following would NOT be necessary for an offer to have legal standing? A. The language must reflect the intent to become a party to a contract. B. All of the conditions under which the offer would be terminated must be identified. C. All the significant terms and/or conditions must be contained in the offer. D. The offer must be effectively communicated to the other party. 3 points    QUESTION 2 Which one of the...
1. What is an ISP (Integrated Service Provider) for supply chains? (1 point) A. A consultant...
1. What is an ISP (Integrated Service Provider) for supply chains? (1 point) A. A consultant agency which integrates the supply chain for companies B. A 2 PL or a 3PL, but not a 4PL C. A company supplying transportation and warehousing services D. A logistics service company specialized in suppling VAS (value added services) 2. What characterizes a 4 PL? (1 point) A. They are non-asset based and provides integrated services primarily supplied by asset based providers, for example...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described itself as "a quarterly survey of business leaders from across the globe … surveying 11,500 businesses in 40 economies across the globe on an annual basis." 1 According to the 2011 IBR, the Asia Pacific region had a higher percentage (27 percent) of female chief executive officers (CEOs) than Europe and North America. Japan is the only Asia Pacific region exception. The report further...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe,...
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm. During 2016, the Deans had the following receipts: Salaries ($60,000 for Lance, $41,000 for Wanda) $101,000 Interest income—    City of Albuquerque general purpose bonds $1,000    Ford Motor company bonds 1,100    Ally Bank certificate of deposit 400 2,500 Child...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT