Final answer:
The RANK function in Excel can be used to determine the rank of each executive's sales target compared to others.
Step-by-step explanation:
The function that can be used to determine where each executive's sales target stands with respect to others is the RANK function in Excel.
The RANK function assigns a rank to each value in a set of numbers based on their order. It can be used to compare the performance of each executive and identify who has achieved the highest and lowest sales targets.
For example, if you have the sales targets for six marketing executives in cells A1 to A6, you can use the formula =RANK(A1,$A$1:$A$6,0) in cell B1 to determine the rank of the first executive's score compared to the others. You can then drag the formula down to B2 to B6 to obtain the ranks for the other executives.