0
What else can I help you with?
Definition of derived demand?
Derived demand - sales of business products that frequently result (or derive) from the sales of consumer products. Example, consumer demand for Ford cars increases, the company may increase its demand for paint spraying equipment ( a business product).
An increase in sales and profits generates the necessary cash required for economic growth?
An increase in sales and profits does not necessarily mean an economy will grow. The economy will only grow if the sales and profits are substantial in size.
What is sales of goods to the general public is called?
Sales of goods to the general public are referred to as retail sales. This involves selling products directly to consumers, typically through physical stores or online platforms. Retail sales encompass a wide range of goods, from clothing and electronics to groceries and household items. The retail sector is a crucial component of the economy, influencing consumer behavior and demand.
Which type of utility is created when a company makes products available where consumers want them?
The type of utility created when a company makes products available where consumers want them is known as place utility. This involves strategically positioning products in locations that are convenient for consumers, thereby enhancing their accessibility and increasing the likelihood of purchase. By ensuring that products are available in the right places, companies can effectively meet consumer demands and improve sales.
What does Grossing renvue mean?
"Raw" sales income; the amount customers actually pay the company when they make their purchases.When a company sells products, it has to make allowances for some portion of its sales for products expected to be returned, lost in delivery, or otherwise requiring the company to refund the customers' money. The "official" revenue number, known as sales revenue, equals gross revenue minus these allowances.Gross revenue is generally not an interesting number for investors. One case where it isinteresting is when you're tracking the progress of a startup company. It's possible that at the very beginning they'll be doing such a tiny amount of business that actual sales will be less than the allowances for refunds, meaning that sales revenue will technically be a negative number. In this case the company will issue news releases about its gross revenue, so investors will at least know that a few customers have been showing up and laying out some cash.
In what ways can It Services influence the future of sales and marketing?
It Services is a company that provides information technology services to their clients. The company can have a positive influence on the company by bringing in more customers and sales.
Why do company brand their products?
For the best sales
What do sales do?
sell company products,often with a laptop
What were the sales of school music products?
Production of school instruments also improved due to a good economy. Sales of school music products were $628.3 million.
What sales representatives do?
sell company products,often with a laptop
What is sales and distribution management?
Sales and distribution management is a department in a company that takes the responsibility of making sales of the company products and manage the distribution chain in order to make profit.
What is the difference between cost of sales and sales?
Sales is the revenue of company while cost of sales is the cost of goods which are used to manufacture the units of products for sales purpose
If you live in California but order products from an Oregon Company do you pay California sales tax to the company in Oregon?
No. You only pay sales tax if it's a California company in this case.
How does Nike affect the company's sales of its products?
promotion, ADVERTISING, mass advertising,
What is sales administrator?
A Sales Administrator is the person responsible for overseeing the sales processes within a company. He or she will maintain a customer database, process orders and providing support to sales representatives.
What are sales alliances?
A sales alliance is an agreement where a company shares its customers with another business by drawing attention to that business's products, in exchange for a percentage of the sales revenue.
What is the role a sales representative?
The role of a sales representative is to represent the products or services that he is selling and persuade the company or person to purchase them. He is trained to close the sale and earn money for himself and the company.
