Limits on a partner's authority normally are effective only with respect to third parties who are notified of the limitation

Most companies set annual quotas. Quotas can be on dollar sales, unit volume, margin, selling effort, or activity and product type. Compensation is often tied to the degree of quota attainment

What problems does the setting of quotas present to both the company and to the sales representative?

A major challenge in inventory management is to maintain a balance between inventory investment and customer service

Indicate whether the statement is true or false