Topics Parcial Exam 2 Sales Management & Process Aug-Dec 13 1. Topic 5 – Compensation - Class Slides and Discussion – Includes watched videos 2. Topic 6 – Non-Financial Incentives – Class Slides and Discussion - Includes watched videos 3. ARTICLE: "Motivating Sales People - What Really Works" - HBR Jul-Aug‚`12 4. I.M.A.G.E. CASE. Case‚ Comments and Case Analysis. 5. Topic 7 – Evaluation - Class Slides and Discussion – Includes watched videos Aside from UNDERSTANDING ALL SLIDES‚ make
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procedures. Technologies significantly affect human as well as other animal species ability to control and adapt to their natural environment. In terms of Sales and Order system‚ every day you are retrieving the records reconcile your daily sale‚ while when you use the computerized system you can save more time because it is automatically count the daily sales. Additional benefit using a computerized order system is the accuracy it ensures. If one mathematical calculation is wrong or one typo is made‚ disaster
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Relationship of Sales and Inventory In order for your sales force to do its job‚ there must be enough inventory on hand to sell. A successful relationship between sales and inventory operations involves either a predictable rhythm of inventory turnover as a result of consistent sales‚ or dependable communication between the two divisions so the inventory department will know how much the sales department needs. In order for this system to function smoothly‚ the sales department must have a clear
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The Downside of Leaseback Jigar. Kamdar Loss of residual property value is perhaps the major disadvantage of the sale-leaseback is that the seller transfers title to the buyer. Owners can minimize this disadvantage by including a repurchase option in the leaseback. However‚ a repurchase option changes how the sale-leaseback arrangement is reported for accounting purposes. The lease will be recorded as an asset and capitalized‚ and the obligation to make the future lease payments will be shown
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Sales Forecast Memo The objective of this memo is to discuss the predictions of automobile sales in the US for the month of March 2012. The prediction is to take into account the historic data (provided) and current marketing environment. At first‚ two approaches of the analytical (quantitative) method were used – moving average and exponential smoothing. The objective of doing so was to get an idea of the prediction based on historic data only. Once that was done‚ the marketing environment
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Chapter 14 | Sales and Operations Planning | | TRUE/FALSE 1. The sales and operations plan is a statement of a company’s production rate‚ workforce levels‚ and inventory holdings based on estimates of customer requirements and capacity limitations. • Answer: True • Reference: Introduction • Difficulty: Easy • Keywords: sales‚ operations‚ plan‚ production‚ rate‚ workforce 2. A production plan is another name for a manufacturing firm’s sales and operations
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ADVANTAGES OF SALES LETTERS Sales letter is an influential letter targeting specific group of audience. Your sales letter main purpose is to persuade the prospects to buy your products or hire your services. Apart from increasing the sales and introducing your product or services‚ there are many benefits of a sales letter as well. Few of them will be like: • Sales letters are a great way to get your readers attention. Adding a catchy headline is the most important part of sales letter copywriting
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Riordan Manufacturing: Improving Sales Methods Riordan Manufacturing requires an innovative information system proficient in the organization of product sales‚ which allows management of data by employees using computers and mobile devices. The new system must contain customer records‚ password protection for each sales agent’s individual account‚ and use data encryption to promote confidentiality of client and corporate data. A web-based‚ customer relationship management (CRM) system allows
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THE SALE OF GOODS ACT‚ 1930 What you should know? ✓ 15.1 Formation of Contract of Sale ✓ 15.2 Conditions and Warranties – Doctrine of Caveat Emptor. ✓ 15.3 Transfer of Ownership from seller to buyer – Transfer by non-owners ✓ 15.4 Performance of the Contract – Rules regarding delivery. ✓ 15.5 Rights of Buyer ✓ 15.6 Rights of Unpaid Seller ✓ 15.7 Auction Sales The Sale of Goods Act‚ 1930‚ governs transfer of property in goods. It does not include transfer
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Advantages of Sales Promotion Sales promotions have a significant effect on the behaviour of consumers and trades people. Such promotions can bring in more profits for the manufacturers because they permit price discrimination. 1. Price discrimination: Producers can introduce price discrimination through the use of sales promotions. They can charge different prices to different consumers and trade segments depending on how sensitive each segment is to particular prices. Coupons‚ special sales events
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