Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

At a small local architectural practice dealing with people who want to build or extend their home, the five architects are expected to do the

At a small local architectural practice dealing with people who want to build or extend their home, the five architects are expected to do the sales activities as well as providing the service of designing new homes and designing the extension. The following table shows the average time spent on the selling activities for the practice and the benchmark for typical architecture practices.

Sales Activity

Architecture practice% time spent on the activity

Benchmark for typical architecture practice% time spent on the activity

Prospecting for new customers

10

15

Building relationships so customers will refer their friends and family

10

10

Administration

10

10

Providing the service (designing the home

50

30

Maintaining relationship with existing customers including after sales service

5

30

Travelling to customers

5

5

Personal activities

10

0

Total

100

100

  1. Compare the activities of the architectural practice with the benchmark
  2. What might be 2 sales activities/ sales target for the architecture practice to implement?
  3. What might be 2 sales activities/ sales quotas for the architecture practice to implement?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Advanced

Authors: Claudia Bienias Gilbertson

9th Edition

0538447559, 9780538447553

More Books

Students also viewed these Accounting questions

Question

Illustrate the link between business

Answered: 1 week ago