Read the following passage:
ABC Ltd is a beverages company which markets and sells six products (Product 1 to Product 6) in Tier-I cities of India. The sales are managed by a team of five sales managers (Raj, Roy, Ravi, James and Rishab)who report to Assistant Vice President of Sales. Each sales manager manages a separate territory. They are given half yearly product-wise target and rewarded with gold points for good performance or penalized with red points for underperformance. They are assessed for each product separately. They earn one gold point if performance for a product is equal to or more than 100% but less than 150%. They earn one more gold point if performance is equal to or more than 150%. These points are considered for promotion. If they earn gold points in two or more products, they get one extra bonus gold point. In case they under perform in a product (i.e. less than 100%), one gold point is deducted provided they have earned through performance in any other product/products but in case they have not earned any gold point they are given a red point. Hence, at the end of assessment, each sales manager can have either gold points or red points, depending on their performance and penalties in six products.
Performance of Manager for a Product (%) $$= \frac{\text{Achievement}}{\text{Target}} \times 100$$
Revenue targets and achievements for the period January - June 2020 are given below.
How many managers have performance greater than 150 percent in one or more products?
From the table we can conclude that Raj, James and Rishab have performance greater than 150% for one or more product.
Create a FREE account and get: