Ken’s Carpets sells carpet for both residential and business use. To better estimate costs‚ the company recently adopted an activity-based costing system. Last year‚ the company incurred $300‚000 in overhead costs. Based on an intense study of their company‚ the following activities‚ allocation bases‚ and percentages of overhead costs were determined: Activity | Allocation Base | Proportion of Overhead Cost | Purchasing | Number of purchase orders | 25% | Materials processing | Number of square
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Point of Purchase by V S RAMA RAO on NOVEMBER 22‚ 2010 With more than 80 percent of supermarket shoppers making their final buying decisions in the store‚ point of purchase activities by marketers assume an important role. An effective combination of good store layout and attractive displays can change a humdrum retail environment into one that not only is more exciting but also produces more sales. Special displays are used in stores in order to attract shopper attention to one or more products
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Repeat purchase Definition of repeat purchase The placing of order after order with the same supplier. Repeat business can be implemented by an agreement between the customer and supplier for purchase on a regular basis. It is often used where there are small numbers of customers‚ or high volumes per product and low product variety. There is market competition for the first order only‚ and customization is usually available for the initial purchase only. Sales and marketing have a diminished
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Rabo Bank Rabo Bank 2101 Massachusetts Avenue NW Washington‚ DC 20008 UNITED STATES Tel: (202) 357-2700 judyweiss@rabobank.com Dear ValuMart Office Supplies‚ Please find enclosed our purchase order no. #400-555-073. Please acknowledge immediately by returning a copy of the purchase order signed or stamped. If it is not received within 5 working days‚ it will be assumed that the vendor has accepted the order in full. We would like to receive the shipment by April 12.For further
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No. 1; February 2011 Factors that Influence Customers’ Buying Intention on Shopping Online Yulihasri School of Management‚ Universiti Sains Malaysia‚ Malaysia Md. Aminul Islam School of Business Innovation and Technopreneurship‚ Universiti Malaysia Perlis‚ Malaysia Ku Amir Ku Daud School of Business Innovation and Technopreneurship‚ Universiti Malaysia Perlis‚ Malaysia Abstract On-line commerce through Internet is gaining attention from students today. The aim of this research is to study
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Strategy and Buying Decision Making The purchase of a refrigerator is a high involvement buying decision and it requires a lot of deliberation on the consumer’s part. There are a lot of challenges involved in such a purchase which include not getting complete information about the market‚ not being able to define the parameters on which that they should base their decision on and finding out ways to overcome the risks involved. It is an extensive problem solving procedure and a long term commitment
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he Louisiana Purchase The Louisiana purchase resulted from the fear that the United States would lose its free trade rights in the Louisiana territory. America had an agreement with Spain for free trade rights that resulted from Pickney’s treaty of 1795 which granted American farmers the right to ship cargoes without paying tolls. Spain granted American merchants the right to transport goods from New Orleans to Atlantic ports without paying export duties. Since trading the Louisiana territory to
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HIRE PURCHASE SYSTEM A trader could sell goods either for cash or for credit. For goods sold on credit‚ the payments may be made by the buyer in lump sum on a future date‚ or in installments spread over for a specified period of time. When goods are sold on credit‚ for which payment is made by the buyer in installments over a period of time‚ it is called purchase system or installment system. Hire Purchase System defers to the system wherein‚ the seller of goods delivers the goods to the
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By: joe The Louisiana Purchase was the purchase of the French province of Louisiana by the United States in 1803. The province stretched from the Mississippi River westward to the Rocky Mountains and from the Gulf of Mexico northward to Canada‚ covering an area equal to that of the United States‚ prior to the purchase. Except for the Mississippi River on the east and Canada on the north‚ the boundaries were indefinite. The United States also claimed West Florida between the Mississippi and Perdido
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Louisiana Purchase I believe that the Louisiana Purchase was one of the greatest impacts on American society because of the large amount of land and how it helped our economy. In this report you will see how lucky that the United States is to have obtained this large piece of land from France. Their are many reasons why Napoleon had to sell this large piece of land. Napoleon thought that this land could be a great asset to the French if they knew what to do with it. He didn’t
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