Selling and marketing are often considered distinct functions within the promotional element of the marketing mix. However, when looking at marketing and communications as a big umbrella that encompasses all promotional efforts, selling is a more personalized form of communication than other types of marketing.
Homeowners eager to make a sale can offer several different types of sales allowances. In addition to down payment assistance, sales allowances include money for kitchen appliances, new carpets, insulation or other type of home improvement. Additionally, some sellers offer buyers a cash sales allowance that effectively becomes a rebate to the purchase price. In … Read more
It’s become a cliché that government would be better if it were only run by private-sector managers using standard selling practices. But Jan Mares, who has been in both environments, says it is not the same. Mares, who worked in the personal sector in the chemical and manufacturing industries, and was the fossil energy chief … Read more
Client support following the purchase of a product or service. In some cases, after-sales service can be almost as vital as the initial purchase. The manufacturer, retailer, or service provider determines what is included in any warranty or guarantee package. This will include the duration of the warrant, traditionally one year from the date of … Read more
A private limited corporation is one that is owned privately by a group of private individuals. A limited corporation is a public limited corporation that is owned by the general public.
All the shares of a private limited corporation rest only in the hands of a few people or promoters. Most of the shareholders in … Read more
lawful Environment of Business seeks to increase understanding of the most imperative legal issues affecting business. The course aims to provide undergraduate international business students with the rudiments of the methods of legal thinking. In addition, it teaches the basic principles of the legal framework in which international business takes place. Specific emphasis will be … Read more
The number of members of a society who start using a new technology or innovation during a specific period of time. The rate of adoption is a relative measure, meaning that the rate of one group is compared to the adoption of another, often of the entire society.
Attributes of an innovation that affect the … Read more
Two types of revenue "operating" and "non-operating." Operating revenue is income from sales, services provided, etc. It's the money you earn from the core activities of your business. Non-operating revenue can be thought of as income on the side, perhaps passive. It's money earned that falls outside your business' core offerings. And this is where … Read more
A general partnership is a contract among two or more people who share similarly in returns and legal responsibility for the company. And limited partnership must have at least one general partner.
A merchant wholesaler is a person, who purchases products and then sells them to customer and a broker is a third party between buyer and seller.
Mixed Economy is an economical system which unites in itself the features of capitalism and that of the socialism.
Advantages of Mixed Economy
1. State provides the essential services
2. Private sector encouraged for profits
3. Competition keeps prices low
4. Consumer choice
5. Inefficient business behavior controlled
Disadvantages of Mixed Economy
1. Heavy taxes reduce incentives to work … Read more
Both are private and open associations. There is almost no contrast amongst divestment and disinvestment, and both accomplish the same objective of decreasing and not recharging capital. Divestments normally happen when a specific division of an organization does not experience its desires. On the other hand Disinvestment, otherwise called divestiture, happens when an association exchanges … Read more
Wholesale trade is a type of exchange which products are obtained and put away in large amounts and sold, in group of an assigned amount, to affiliates, expert clients or gatherings, yet not to final buyers.