Advantages of Sales Quotas The following are some of the advantages and disadvantages of fixing sales quotas. 1. Sales quotas enable the management to estimate the total sales
Methods of Setting Sales Quotas The sales quota is determined in many ways. 4 important methods of setting sales quotas are discussed as follows: 1. Top Management Downward
What is Sales Quota? A sales quota is a standard for measuring the achievement of salesman in a sales organization. Sales quota is the estimated volume of sales
Differences between Advertising and Publicity Thus, the terms “advertising” and “publicity” are not identical. They are different from each other. The main differences between them are: It is
Understanding Perpetual Inventory Valuation System Under Perpetual Inventory Valuation system, the value of balances is recorded after every receipt and issue of materials. It facilitates the physical verification
Factors of Minimum Stock Level The stock of materials should not be maintained below the minimum stock level at any cost. If so, the production will be affected.
General Purchase Procedure of a Company The purchase procedure of the company differ from one to the other. The following is the general purchase procedure. Specific forms and
Top 10 Applications of Mobile-Commerce Mobile commerce has entered into finance, retail, telecommunication, healthcare, information technology, sales and services. Need for M-commerce has increased multi-fold in recent times.
Role of Entrepreneurs in Economic Development of Country Role of Entrepreneurs in economic development of a country are discussed under the following heading. 1. Employment opportunities Entrepreneurs employ
Entrepreneurial competencies refer to the characteristics of an entrepreneur. Entrepreneurs require certain qualities or characteristics for establishing and running business enterprises. Neglecting few qualities inevitably affect the development