Question

Cost at Rs. 100 per unit is an example of ________ standard.

(a) Quantitative (b) Qualitative

(c) Both the above (d) None of the above​

Answer 1

Explanation:

option A quantitative

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Answer 2

Cost at Rs. 100 per unit is an example of (a) Quantitative standard.

Explanation for the answer:

• Quantitative standards gives knowledge of what exactly management expects.
• Each person on the sales force should have their own definitions of the performance aspects which are being measured by the measurement units.
• It helps sales personnel to make their activities more purposeful.
• Some examples of Quantitative standards are: Revenue to be earned, Cost to be incurred, Units to be produced and sold.
• Hence, the correct answer among all the options is option (a) Quantitative.

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