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One example of managing the sales mix for revenue control is to (A) set sales objectives to achieve target profits - HSC - SSCE Business Studies - Question 12 - 2008 - Paper 1
Question 12
One example of managing the sales mix for revenue control is to (A) set sales objectives to achieve target profits. (B) judge a manager’s performance against sales.... show full transcript
Worked Solution & Example Answer:One example of managing the sales mix for revenue control is to (A) set sales objectives to achieve target profits - HSC - SSCE Business Studies - Question 12 - 2008 - Paper 1
Step 1
Decide which range of products to offer customers.
Answer
Option (D) is the most appropriate example of managing the sales mix for revenue control. This involves determining which products are to be offered, ensuring that the product offerings align with consumer demand and profitability goals. A well-managed product range can optimize sales and maximize revenue.