Strategic Information in Sales Management Quiz
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SALES FORECAST – an estimate of the dollar or unit sales for a specified future period

sales forecast

BUYING POWER INDEX (BPI) o Generated and published by Sales Marketing Management Magazine, considers income, population and retail sales

buying power index

MARKET POTENTIAL – estimate of possible sales of a commodity, a group of commodities, or a service for an entire industry in a market during a stated period under ideal conditions

market potential

DEVELOPING TERRITORY ESTIMATES Territory estimates effect: o The design of sales territories o Procedures for identifying potential customers o The establishment of sales quotas o Compensation and its subcomponents o The evaluation of salesperson performance

<p>developing territory estimates</p> Signup and view all the answers

NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM (NAICS) o Developed by the US Bureau of the Census, organizes the reporting of business information

<p>North American Industry Classification System (NAICS)</p> Signup and view all the answers

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