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What are the objectives of a modern business firm?
Profit maximization sales maximisation growth maximisation utility maximisation satisfying behavior long run survival welfare objectives
What are the sales positions in Walmart?
Sales Associate, Sales Floor Associate, Shoe Sales Associate, Sales Associate Electronics, Sales Associate Sporting Goods, Pharmacy Sales Associate, Jewellery/Cosmetic Sales, Senior Manager Sales, Produce Sales. If there is a specific location you are looking for, you should check out http://jobs.walmartstores.com/search/sales. They have a lot listed.
Application of Maslow's hierarchy to sales management?
from low to high: sales person---sales supervisor----district sales manager----regional sales manager----National sales manager----Vice president of sales.
What is the difference between sales clerk and sales associate?
sales cleck ring up your sales and sales associate shows you merchantise
Who prepare a sales budget?
sales manger is responsible for preparing the sales budget.
What are the objectives of a modern business firm?
Profit maximization sales maximisation growth maximisation utility maximisation satisfying behavior long run survival welfare objectives
What are the differences between profit and sales maximisation objectives?
A Sales Maximisation objective aims at increasing the cash value turnover/Sales Income/Revenue. Costs and expenses are not taken into account. Profit maximisation seeks to increase the bottom-line profit, regardless of sales or other considerations. Profit = sales less costs. If sales reduce, but if costs reduce by a greater amount, profit will increase. If sales are less in such a scenario, the work required to achieve sales may be less, so more profit is being made with less effort, which would be a good indicator of the organisation's efficiency and ability to trade successfully despite business challenges. Profits can also be increased by maintaining at costs at their present level, and increasing the selling price. Assuming that the volume of sales does not decrease, bottom-line profits will increase. Sales maximisation can be an valid objective if the sole aim is to increase market share or other related reasons. However, Sales Maximisation accompanied by ever-decreasing profits cannot be sustained indefinitely.
Boumal's static and dynamic models?
Baumol suggested sales revenue maximisation as an alternative goal to profit maximisation. He presented two basic models: A static single–period model and a multi-period dynamic model of growth of sales revenue maximisation. Each model has two versions, one with advertising activities and another without.
What do you mean by wealth maximisation?
analysis of shareholder wealth maximisation
What do you mean by shareholders wealth maximisation?
analysis of shareholder wealth maximisation
Wealth maximization is a function of share price maximization discuss?
the difference between Profit maximisation and share price maximisation
What are the similarities between profit maximisation objectives and wealth maximisation objectives?
Both profit maximization and wealth maximization have the objective of increasing the net worth.
Why Profit Maximisation is the main objective of a firm Discuss this statement with the help of an example?
1. Profit Maximisation is the main objective of a firm" Discuss this statement with the help of an example.
What are the policies on profit and maximization in manegerial economics?
WHAT IS THE PROFIT MAXIMISATION?
What are the criticism baumol's sales maximisation model?
Criticism of Baumol's sales maximization model includes the assumption of profit maximization as the main goal of firms, the lack of consideration for other objectives like shareholder wealth maximization, and the oversimplification of managerial behavior by focusing solely on sales revenue. Additionally, critics argue that the model does not account for dynamic market conditions and competitive strategies that firms may adopt.
What circumstances is the sum of variable production and selling costs the appropriate minimum price for special orders?
It is the appropriate sum when there is significant competition or optimisation decisions are not being made with respect to profit maximisation but production maximisation.
Will profit maximisation necessarily lead to wealth maximisation?
Assuming that you understand what is maximisation, the the question is left only with two words, profit and value.Profit = Incomes - Expenses, while value is simply the relative worth (in monetary or...analysis of shareholder wealth maximization.While it is easy to see why you might think this, theoretically a sponsorship should be useful as an advertisement. Furthermore, if the sponsorship is of a nonprofit such as a scholarship or an AYSO..
