Problems faced by sales managers design compensation

Assignment Help Business Management
Reference no: EM13368554

Problems faced by Sales Managers: Design compensation plans

The following are three problems often faced by sales managers:

1. Salespeople tend to overemphasize the easy-to-sell products in order to build sales volume. The other, more profitable lines are forced into the background.

2. Salespeople are not taking time to develop new accounts.

3. To improve a company's long-term position, salespeople should be doing more missionary work and developing long-term customers to meet expected competition.

Come up with a specific type of compensation plan that may be used to solve each of these problems. Design three separate compensation plans (one for each of the problems listed above). You only need to provide a general overview of the compensation plan you created.

Reference no: EM13368554

Questions Cloud

Strategic change pros and consevaluate the pros and cons of : strategic change pros and consevaluate the pros and cons of extensive strategic change in general is it better for a
Many managers must work with people from other cultures : many managers must work with people from other cultures what can an organization do to train managers to communicate
Workplace securtiyoutline and describe the basics of : workplace securtiyoutline and describe the basics of physical security. include a discussion on the types of locking
Creative thinkingthinkersthis module covers creative : creative thinkingthinkersthis module covers creative thinking and creative thinkers.are there any achievements that are
Problems faced by sales managers design compensation : problems faced by sales managers design compensation plansthe following are three problems often faced by sales
Important information about starbucks value : important information about starbucks value alignmentdirrections analyze the individual values and the organizations
Macroeconomics and microeconomics impact on daily : macroeconomics and microeconomics impact on daily livesthere are many reasons for changes to be made to our plans to
Important information about whistleblowingamgen a thousand : important information about whistleblowingamgen a thousand oaks california-based company had the unenviable task of
Julie jones was hired by a popular fast food restaurant as : julie jones was hired by a popular fast food restaurant as an order taker and cashier. shortly after taking the job she

Reviews

Write a Review

Business Management Questions & Answers

  Importance of control programs-internal control techniques

Explain the importance of control programs and internal control techniques.

  Lodging facilities and management paper

Prepare a paper in which you describe different types of lodging facilities and select two different types of lodging facilities (e.g., luxury hotel, resort, cruise line).

  Evaluation of different leadership styles

Evaluation of different leadership styles - Based on the situational model, suggest what style of leadership her supervisor should adopt to help Rita develop her skills and confidence.

  Case study airbus- from challenger to leader1conduct a five

case study airbus- from challenger to leader1.conduct a five forces analysis for airbus. what industry forces pose the

  Discuss the possible steps the company you selected

Discuss the possible steps the company you selected could take to solidify its presence in the market you chose. Explain your rationale.

  Examine the two types of regulatory action that according

Examine the two types of regulatory action that, according to the majority, automatically triggers compensation as takings, without a court needing to examine the circumstances in a case-specific manner.

  Financial policy formulation and business strategyanalyze

financial policy formulation and business strategyanalyze the following in terms of how they are used in financial

  Determine how each corporate culture differs from the other

Determine how each corporate culture differs from the other. Analyze three ways that each exclusive culture has benefited by the other's competition.

  The term objective risk

Define and explain the term objective risk and why is it so important to insurers?

  Flexible budget-brabham enterprises

Flexible budget-Brabham Enterprises - Prepare a performance report that uses a flexible budget and a static budget

  Illustrate what do the plans require employers to do

Illustrate what do the plans require employers to do? Illustrate what happens if employers do not meet the goals of the affirmative action plan?

  Trait appraoch to leadershipexplain what is the trait

trait appraoch to leadershipexplain what is the trait approach to the study of leadership and what traits are necessary

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