Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider a brand like Cipla, one of the leading pharmaceutical companies in India, owning 48% of the $42-billion market. The Indian pharmaceutical market ranks third

Consider a brand like Cipla, one of the leading pharmaceutical companies in India, owning 48% of the $42-billion market. The Indian pharmaceutical market ranks third in terms of volume, 13th in terms of value worldwide and has an annual growth rate of 17.7%. To constantly stay on top and thrive in such a fast-paced business environment, pharma companies depend on their efficient sales teams to successfully push their products into the market. The pharmacy sales representatives act as the key link between the company and healthcare professionals.

In order to meet the company expectations, the sales managers of Cipla constantly monitor and optimise the performance of their sales team. Each salesperson needs to submit daily sales reports that measure their performance based on several key metrics and KRAs. The recent sales growth rate figures have seen a minor dip; thus, Cipla has decided to reformulate the sales report format using new and improved industry-relevant sales metrics.

Q1. Pre-pare a daily sales report format for a sales executive working at the pharmaceutical company Cipla. Working days are Monday to Saturday, and Sunday is the weekly off. Make suitable assumptions for the same.

Q2. Distribution of milk products

Q3. Distribution of heavy-duty capital equipment

Q4. Distribution of textbooks to schools

Please quickly

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

Step: 3

blur-text-image

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

Strategic management concepts

Authors: Fred david

13th Edition

9780136120988, 136120997, 136120989, 978-0136120995

More Books

Students also viewed these General Management questions

Question

. (5.70)

Answered: 1 week ago