Approaches to improving the performance

Assignment Help Accounting Basics
Reference no: EM13975485

Timetech, Inc., has been experimenting with different approaches to improving the performance of its field sales force. In a test involving salespersons in Maine, the company found that giving sales leaders a free snowmobile caused a sales increase of 25% in that state. The experiment in Maine was so successful that company executives are now planning to increase sales nationwide by awarding free snowmobiles to sales leaders in all 50 states. Critique the external validity of this experiment.

Reference no: EM13975485

Questions Cloud

Identify a training program that is used on a regular basis : Identify a training program that is used on a regular basis in your organization or in an organization near you. Describe the program, explain why it exists, identify and describe three training techniques used, and explain how its impact is measured
Analyze regulations and external information management : Provide the rationale for each action item. In other words, assess the value of each action item within the context of the business processes, quality management, or organization impact.
Problem regarding the constructing a confidence interval : When the t distribution is used in constructing a confidence interval based on a sample size of less than 30, what assumption must be made about the shape of the underlying population?
Find the center of mass of the flat region : Find the center of mass of the flat region plotted below which is of density one. First find Mx and My. (Hint: Do this by summing the moments of each piece)
Approaches to improving the performance : Timetech, Inc., has been experimenting with different approaches to improving the performance of its field sales force. In a test involving salespersons in Maine, the company found that giving sales leaders a free snowmobile caused a sales increas..
Create a program that asks user for number between 1 and 100 : Develop a JavaScript solution to the follow problem: Create a program that asks a user for a number between 1 and 100, the program should then output to the user higher, lower, or correct, depending upon the input from the user and the random numb..
How will expansionary monetary policy affect these factors : What impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain.
Determining the dependent and independent variables : Identify the dependent and independent variables in this experiment. Are there any extraneous variables that might have influenced this experiment? Given your response to part (b), evaluate the internal validity of the experiment. Does Bert's reques..
What are some tips for developing and using the bis : Was the introduction of the Monster Thickburger a good idea or an example of information leading to a wrong decision?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd