Additional useful information on types of risk Market or price risk relates to the uncertainty in markets and prices for both inputs (purchased for the production process)‚ and outputs (products and services for sale by the firm). Market/price risk has always been a major problem in most businesses and results from the economic forces of supply and demand. Outcome of these forces are fluctuations in the price for a commodity and/or inputs in the production of that commodity. These fluctuations
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Methods and Techniques of Sales Forecasting by Kenneth Hamlett‚ Demand Media Sales forecasting methods and techniques vary from company to company. Every company that uses sales forecasts possesses its own technique to approach the forecasting process. Some companies have a dedicated team of forecast professionals while others use the sales staff to generate the forecast. The statistical methods used to generate the sales forecast depend on the demand profile of the product. Statistical forecast
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SALE OF GOODS ACT‚ 1962 (ACT 137) ARRANGEMENT OF SECTIONS PART I - NATURE AND FORMATION OF THE CONTRACT 1. Contract of sale. 2. Capacity to buy and sell. 3. Contract of sale‚ how made. 4. Auction sales. 5. Specific and unascertained goods 6. The price. 7. Agreement to sell at valuation. PART II - DUTIES OF THE SELLER 8. Fundamental obligation of the seller. 9. Implied condition that specific goods are in existence. 10. Implied undertakings as to title. 11. Sale by description. 12. Sale by
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Personal sales is executed with a combination and deep understating of the marketing approach‚ persuasion techniques and utilizing emotional intelligence to match specific needs of the product-customer relationship. Building a service based product such as most in the hospitality sector‚ personal sales happens along every step from a guest booking a reservation to the check out ensuring in quality relationship. By the use of sales management with organized structure and personal selling with the
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subway. * With this idea‚ At the bottom of a customer’s Subway receipt‚ there is a code that can be entered into their website which gives them a free cookie‚ if they give their feedback. This is a great way to conduct primary research; it adds incentive for the customer to do so. This is a good way of doing it as people would be more drawn in and would be more willing to fill out. * Another method of market research for subway is by looking at the information on the till. This could also be
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CHAPTER I INTRODUCTION Sales and Inventory Control is an inventory tracking system that gives you up-to-the-minute detailed information on each item in your inventory. You’ll know exactly how much inventory comes in‚ how much is on-hand now‚ and where it goes. While manual methods may have their place‚ most entrepreneurs these days find that computerizing gives them a far wider range of information with far less effort. Sales and inventory programs now on the market let you track usage‚ monitor
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area that are assigned to an individual sales person. Specialties include products‚ customers‚ or functions functions. Moti Motivation & Cost Saving Cost Sa Use to benefits people Sales people responsible for whole area Evaluation & Control Units Cont Units Performance of individual sales people can be more easily controlled and evaluated with sale territories. Wh Why Are Territories Unnecessary Territories are not essential when sales people contact customers directly.
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Tax is of two types Direct Tax and Indirect Tax. Direct Tax is the tax‚ which is paid directly by people to the government‚ while indirect tax is the tax‚ which is paid indirectly by people to the government. Income Tax is paid directly to the government therefore it is a direct tax while excise duty is paid by people to the manufacturer who pays it to the government‚ therefore it is an indirect tax. The Constitution of India (COI) has given power to levy tax to central and state government
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IV. Arbitration Types of arbitration: 1. "ad-hoc" (occasional) arbitration 2. institutional arbitration; 3. internal and international arbitration; 4. civil and commercial arbitration; 5. arbitration "in law"; 6. arbitration"in equity". 1. Ad - hoc (or occasional) arbitration Ad-hoc arbitration is a non-institutional arbitration that the parties organize
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of electric power. However‚ with the advancing technology‚ computers have shrunk to the size of a small watch. Depending on the processing power and size of computers‚ they have been classified under various types. Let us look at the classification of computers. What are the Different Types of Computers? Based on the operational principle of computers‚ they are categorized as analog‚ digital and hybrid computers. Operational Principle Analog Digital Hybrid Analog Computers: These are
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