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What is push system?
Manufacturing system in which production is based on actual daily demand (sales), and where information flows from market to management in a direction opposite to that in traditional (push) systems
Suppose the government places a sales tax on firms in a monopolistically competitive industry Explain what happens to the equilibrium price and the number of the firms in the industry?
The supply curve shifts upward because of the tax, so the equilibrium price increases, but the price the sellers receive decreases. Because the sellers' price decreases, the firms are making a loss, so some firms drop out of the market.IF THE GOVERRNMENT PLACES A SALES TAX ON FIRMS IN AMONOPOLISTICALLY COMPETITIVE INDUSTRY,THE REACTION WOULD VARY-with the nature of product-with the nature of market factors-with the high value/ low value of the products-RATE OF THE THE SALES TAX.etc.-----------------------------------------------------------IF THE RATE OF THE SALES TAX WAS 2/3%,IT WILL HAVE NO IMPACT .----------------------------------------------------------------------IF THE RATE OF THE SALES TAX WAS WAS 10/12 %,IT WILL CREATE AN IMPACT ON THE MARKET.-the sensitive customers will move over to the cheaper substitutes.-the reduction in sales volumes will affect the channels/ resellersas they will shift to other substitutes.-the volume reduction will affect the productivity of the firms.-the volume reduction will affect the unit production cost.HENCE SUCH MARGINAL PLAYERS WILL CLOSE THE PRODUCTION UNIT.ONLY LARGE VOLUME MANUFACTURERS CAN SUSTAINTHE SALES AND MANAGE TO STAY IN THE MARKET.
What is the meaning of stock exchange in agriculture?
stock exchange in agriculture is the buying and selling of goods and services available now and in future.
Factors affecting sales of industrial products?
the price of the product..... the competition in the market...... staff training..... awareness level of the product in the market....
What is expected demand?
Answer Scarcity causes demand and demand establishes a market, ultimately the sales increase. I think that 'increase of sales' is the expected demand.
What can you do with a degree in business management marketing and sales management?
Some of the departments that you can choose: marketing and/or sales marketing strategy market research corporate strategy business development auditing/accounting
Define company sales potential?
•Sales Potential: Sales limit approached by company demand as company marketing effort increase relative to that of competitors. Limit is the market potential and sales potential = market potential if market share = 100%. Based on Marketing Management 12e, Kotler, Keller
Describe 4 marketing management philosophies?
production, sales, market, and societal marketing orientations
What are the duties of Head of Sales?
Head of sales is responsible for the function of the management, overall coordination and sales activities of the business. Observing competitors and the market are also part of its job.
Conclusion of sales management?
Sales management is a crucial function that involves planning, organizing, leading, and controlling activities related to selling a product or service. Effective sales management helps increase revenue, improve customer satisfaction, and drive business growth. By focusing on strategies for sales team motivation, training, and performance evaluation, companies can achieve their sales goals and stay competitive in the market.
Where can one find more information about sales contact management?
If you are looking for the management of a sales department of a company, one place to investigate is their website, under the Contact page. Often these pages are divided by department.
What is Global market sales?
Global market sales is the total amount of sales internationally. This total will include all sales where the company has a market or stock.
Where are dodge sales the best?
There is no one best place for the best sales for dodge vehicles. It really depends on market conditions for a particular market area and incentive programs a particular area receives.
What has the author Derek A Newton written?
Derek A. Newton has written: 'Cases in sales force management' -- subject(s): Case studies, Sales management 'Sales force performance and turnover' -- subject(s): Selling, Sales management, Personnel management, Labor turnover 'Sales force management' -- subject(s): Sales management, Case studies
What is customer management software?
Customer management software is computer software that allows businesses to better manage their customers. It organizes information, keeps track of market sales, and customer service.
What are the objectives of sales management?
help in good planning and proper allocation of resourcesSales management entails numerous objectives which are executed by sales managers. There are mainly three such objectivesSales VolumeContribution to profitsContinuous GrowthThe sales executives in this case are the ones who help implement these objectives. However it is the top management who has to outline the strategies to achieve these objectives of sales management. The top management should provide products which are socially responsible and are marketed in a manner which meets customers expectations and does not break it. Thus sales management involves a strong interaction between Sales, marketing and Top management.Sales Management and financial resultsFinancial Results are another objective of sales management and are closely related and therefore sales management has financial implications as well.Sales - Cost of Sales = Gross ProfitGross Margin - Expenses = Net profit.Thus the variation in Sales will directly affect the Net profit of a company. Hence maintaining and managing sales is important to keep the product / service / organization financially viable.The Objectives of sales are therefore decided on the basis of where the organization stands and where it wants to reach. It is a collaborated effort from the top management along with the marketing managers and sales managers to provide with a targeted estimate.
Can someone place orders after the stock market is closed?
no it's not possible once the market is closed but ya before 5 mins of opening of market u can place order it's called pre sales order
