Day count convention: Difference between revisions

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{{Unreferenced|date=June 2008}}
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'''Hit rate''' is a metric or measure of business performance traditionally associated with [[sales]].  Defined as:
 
:<math>\frac{\sum{\mbox{Sales Won}}}{\sum{\mbox{Sales Won}} + \sum{\mbox{Sales Lost}} + \sum{\mbox{Sales Abandoned}}}.</math>
 
Sales can be measured either as the sum of dollars pursued or the number of deals pursued. Accurate calculation requires clear definition of when a sales opportunity is firm enough to be included in the metric, as well as firm disposition of the opportunity (i.e. the deal has reached a point where it is considered won, lost or abandoned).
 
The hit rate may be measured for the whole sales force or by sales region, sales person or product group. It may be used to benchmark the different sales periods and to [[benchmarking|benchmark]] the effectiveness of the own sales force with other companies of the same sector.  
 
Due to the high costs involved with making proposals the hit rate is a very useful tool especially for companies in [[industrial marketing]].
 
[[Category:Sales]]

Latest revision as of 20:10, 29 September 2014

Hi there, I am Alyson Boon even though it is not the title on my birth certification. Invoicing is my occupation. It's not a typical factor but what she likes doing is to perform domino but she doesn't have the time recently. Alaska is where I've always been living.

my web site; real psychic readings (related web site)