Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are now a sales manager for Coca-Cola, which is engaged in the manufacture and distribution of flavored soda water and competes directly with Pepsi

You are now a sales manager for Coca-Cola, which is engaged in the manufacture and distribution of flavored soda water and competes directly with Pepsi products.

1. Indicate the administrative and operational steps that you will be implementing within the first three months of taking office to bring about a management change and a surge in sales.

2. Calculate the sales forecast for the year 2019 in the simple regression method according to the following:

• Date of receiving the position of Sales Manager is the end of Dec. 2018

• Coca-Cola has been operating for 8 years in the market

• In the coming year (2019), the company plans to be spending on advertising to reach US $ 18 million.

Advertisements

Total Sales

Year

4

30

1

6

44

2

10

50

3

14

60

4

12

62

5

14

66

6

13

64

7

16

70

8

3. Finally explain the monitoring and evaluation technique to implement the sales forecast.


Step by Step Solution

3.44 Rating (163 Votes )

There are 3 Steps involved in it

Step: 1

The administrative and operational steps that I will be implemented within the first three months of taking office to bring about a management change and a surge in sales Product Review In this first ... 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

Introduction to Financial Accounting

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

11th edition

978-0133251111, 013325111X, 0133251039, 978-0133251036

More Books

Students also viewed these Law questions

Question

What recursive sequence defines the function 4, -8, 16, -32, 64

Answered: 1 week ago

Question

Differentiate. y = ln(3x + 1) ln(5x + 1)

Answered: 1 week ago