allocation process. It can be calculated by two main methods‚ each reflecting in a distinct prospect in the way the asset is used. Depreciation is to be treated as an estimated expense that does not set aside cash for the replacement of a non-current asset. In determining the cost of acquisition of the lathes‚ any capital expenditure made must be added to the purchase price of the lathes. This amount will be considered as the historical cost and will be used in calculating the depreciation expense
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A sale is the act of selling a product or service in return for money or other compensation.[1] It is an act of completion of a commercial activity. The seller or salesperson – the provider of the goods or services – completes a sale in response to an acquisition or to an appropriation[citation needed]or to a request. There follows the passing of title (property or ownership) in the item‚ and the application and due settlement of a price‚ the obligation for which arises due to the seller’s requirement
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Sales Force Management Proper training for a sales force is vital to the success of the individual as well as the team. According to Spiro‚ Stanton‚ and Rick‚ “The salesperson’s product knowledge‚ understanding of customer needs‚ and selling skills are directly related to the amount of training he or she receives” (2004‚ p. 190). This paper will discuss such instances encountered by Imaginative Staffing‚ Inc.‚ summarize the case study presented in Management of a Sales Force‚ and answer questions
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Simulation of Sales Promotions towards Buying Behavior Among University Students Abstract The purpose of this study was to examine the influence of sales promotion on buying behavior among university students. Specifically‚ Kongunadu Arts and Science College was chosen as study location. The research data was collected from 171 respondents. The data were collected using self-administrated questionnaires. This study found that there was no significant difference between gender and buying behavior
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Sally May‚ a sales representative for Dracca ran into her neighbor who is a sales representative from one of Dracca’s competitors. May is friendly with her neighbor‚ and drives her children to school each morning. The families get along well‚ and often have barbeques and other social events together in the neighborhood. As part of the small talk‚ May mentioned to her neighbor the new sales promotion Dracca was offering retailers on its full line of products. Although the promotion had been mentioned
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society. Computerization has been somehow revolutionized the modern world which ushered what we called the “Information Age”‚ where knowledge has become accessible and available to everyone. The proponents have witnessed its evolution‚ and even its enormous benefits. Due to this‚ its importance can no longer be denied. The modern age of computerization made it plausible on business and corporate organizations to keep up with the demands of their industries. At present‚ most businesses are equipped
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Store (A Point-of-Sale Application) GETTING STARTED Here’s what you need to know before you plunge into the first application: What’s an object? What’s a class? An object is a person‚ place‚ or thing. A class is a description that applies to each of some number of objects.1 What are strategies and patterns‚ and why are they important? A strategy is some specific advice that you can use to achieve a specific objective. A pattern is a template of interacting objects‚ one that may be used again and again
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Acc. * 20 = 10‚000 SMB:5‚000 Acc. * 5 = 25‚000 TOTAL Revenue = $ 40‚000 B) Sales Budget Integrated: 4% x 5‚000 = 200 Clustered: 3% x 10‚000 = 300 SMB: 2 % x 25‚000 = 500 How many Salespersons ?: Integrated: 50 Accounts x 1/ 1Acc. = 50 Managers Clustered: 500 Accounts x 1/ 5 Acc. = 100 Managers SMB: 5‚000 Accounts x 1/ 20 Acc. = 250 Managers TOTAL = 50 + 100 + 250 = 400 Managers reporting Tom’s organization is customer orientated. The teams of his company are divided in three teams‚ the
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TERM- PAPER Lost Sales Forecast Table of Contents Introduction 3 Carlson Department Store Sales data for September 1992 through August 1996 4 Countywide Department Stores Sales data for September 1992 through August 1996 5 Choosing the appropriate forecasting method 6 Trend and Seasonal Components in Forecasting 7 An estimate of lost sales for the Carlson Department Store 10 Conclusion 10 Introduction The
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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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