what are the some examples of merchandising business ?
There are many types of advertisements here. 1.) Matrimonial advertisements 2.) Property advertisements 3.) Service advertisements 4.) Business advertisements 5.) Education advertisements 6.) Announcement advertisements 7.) Tours & Travels advertisements 8.) Astrology advertisements
Merchandising refers to the marketing practice in which a product or a service brand or image is used to market or sell another product or service. Merchandising is also an income generating practice especially for intellectual property product owners.
Well if you look at it by the basics you will see both use the same Net income = revenue - expenses. However the income statement for the service company subtracts the operating expenses from the revenues to arrive at net income. The merchandising company subtracts the cost of merchandising from the revenue to arrive at gross profit. It then subtracts all other operating expenses to arrive at net income.
One can find more information about retail merchandising from the following sources: Retail Merchandiser, Wikipedia, Prospects, Wise Geek, Retail Industry, SAS Retail, NARMS, Oracle, National Careers Service.
Merchandising Companies purchase and sell directly and is ordinarily longer than a service company because of the inventory and its eventual sale lengthen the cycle, which differ merchandising and service companies.
merchandising
what are the some examples of merchandising business ?
Sales is included in both sales and merchandising companies.
Why is the normal operating cycle for a merchandising company likely to be longer than for a service company?
do some research
There are many types of advertisements here. 1.) Matrimonial advertisements 2.) Property advertisements 3.) Service advertisements 4.) Business advertisements 5.) Education advertisements 6.) Announcement advertisements 7.) Tours & Travels advertisements 8.) Astrology advertisements
A merchandising business sells products to customers, whereas a service business provides or sells services to customers. For example: A beauty salon is considered a service business because you are providing a service to the customers. in the case of a beauty salon, the service could be cutting hair, doing someones eyebrows, etc. A sports store such as Sports Mart is considered a merchandising business because you are selling products to customers. in this case the products could be shoes, hockey sticks, etc. Merchandising business has inventory.
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
A service organization provides intangible services, such as consulting or legal advice, while a merchandising organization sells tangible goods, like clothing or electronics. Service organizations focus on expertise and customer experience, while merchandising organizations focus on product selection and sales volume.
Sales
service - none merchandising - freight costs, closing inventory manufacturing - direct material, direct labor, freight cost, manufacturing overhead