quota

(noun)

A prescribed number or percentage that may serve as, for example, a maximum, a minimum, or a goal.

Related Terms

  • buying power

Examples of quota in the following topics:

  • Creating Sales Force Structure, Territories, and Goals

    • Sales goals are commonly stated in terms of quotas.
    • A sales quota is the minimum sales goal for a set time span.
    • Sales quotas may also be for sales activity, such as number of calls per day.
    • Management usually sets the sales quota and the sales territory, but it's not easy.
    • When setting quotas, successful sales managers tend to:
  • The North American Free Trade Agreement (NAFTA)

    • The Canada–US agreement contains significant restrictions and tariff quotas on agricultural products, whereas the Mexico–US pact allows for a wider liberalization within a framework of phase-out periods.
  • The European Union (EU)

    • Once goods have been admitted into the market, they cannot be subjected to customs duties, discriminatory taxes or import quotas, as they travel internally.
  • Selecting Marketing Channels

    • Sales might further be subdivided into current sales compared with historical sales, comparisons of sales with other channel members, and comparisons of the channel member's sales with predetermined quotas.
  • Applicable Legislation

    • Tariffs and import quotas imposed by the government affect certain industries (e.g.automobile).
  • Trade and Globalization

    • Although there are usually few trade restrictions within countries, international trade is usually regulated by governmental quotas and restrictions, and often taxed by tariffs.
  • Global Marketing in the U.S.

    • Toyota's motivation was to avoid US import quotas and taxes on cars without any US-made parts.
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