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What could be the most appropriate sales-focused goal for your staff, given your objective? Select an option keeping in mind the SMART framework.Sell a minumum quantity of any one of the snacks (such as cookies) within this quarter.Sell a minimum number of combo meals (for example, 'sandwich and chai' or 'burger and shake') within this quarter.Sell newly launched products, thereby boosting their adoption.Sell a minimum quanitity of tea within this quarter.

Question

What could be the most appropriate sales-focused goal for your staff, given your objective? Select an option keeping in mind the SMART framework.Sell a minumum quantity of any one of the snacks (such as cookies) within this quarter.Sell a minimum number of combo meals (for example, 'sandwich and chai' or 'burger and shake') within this quarter.Sell newly launched products, thereby boosting their adoption.Sell a minimum quanitity of tea within this quarter.

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Solution

The most appropriate sales-focused goal for your staff, given your objective, would be to sell a minimum number of combo meals within this quarter. This option aligns with the SMART framework as it is specific (selling combo meals), measurable (minimum number), achievable (within this quarter), relevant (boosting sales), and time-bound (within this quarter).

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Q3.2 Please suggest potential ways to increase the sales across different quarters of the year

Goal SettingSuppose you are the sales head at a newly established herbal tea company looking to launch its product in a matured market like Mumbai. There are four major players in the market with approximately 90% of combined market share among them. Considering the market and the SMART criteria, which of the following would be the most appropriate goal that you should be looking to achieve?Acquire 25% market share in the first month of operation.Acquire 5% market share in the first year of operation.Acquire as much market share as you can in the first year.

Question 5An independent food truck vendor wants to grow its customer base. Which of the following is a specific business goal for this company? 1 pointWe want to increase our number of customers by 50% over the next 12 months. To do that, we will add two popular specials as standard menu items and introduce an efficient mobile payment kiosk. We want to increase the number of customers that we serve each year to increase our year-over-year revenue. To do that, we will sell more meals and make it easier for customers to pay. We want to increase our total number of customers this year. To do that, we will introduce more menu items and make it easier for customers to pay for their orders.We want to increase the number of meals we sell.

A plan of resources needed to meet current sales demand and ensure that inventory levels are sufficient for future sales is the . (Enter only one word per blank.)

An independent food truck vendor wants to grow its customer base. Which of the following is a specific business goal for this company? 1 pointWe want to increase our total number of customers this year. To do that, we will introduce more menu items and make it easier for customers to pay for their orders.We want to increase the number of meals we sell. We want to increase the number of customers that we serve each year to increase our year-over-year revenue. To do that, we will sell more meals and make it easier for customers to pay. We want to increase our number of customers by 50% over the next 12 months. To do that, we will add two popular specials as standard menu items and introduce an efficient mobile payment kiosk.

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