To calculate the Sales Quota Ratio (SQ):
\[ SQ = \left( \frac{S}{TS} \right) \times 100 \]
Where:
The Sales Quota Ratio is a measure used to evaluate a salesperson's performance by comparing the total sales made to the target sales. It is expressed as a percentage and helps in assessing whether the sales goals have been achieved. This calculation is useful in sales management and performance evaluation.
Let's assume the following values:
Using the formula:
\[ SQ = \left( \frac{1500}{2000} \right) \times 100 = 0.75 \times 100 = 75\% \]
The sales quota ratio is 75%.