Examination Paper: Sales Management IIBM Institute of Business Management 1 IIBM Institute of Business Management Examination Paper MM.100 Sales and Distribution Management Section A: Objective Type (30 marks) This section consists of Multiple Choice questions & short notes type questions. Answer all the questions. Part one questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple Choices: 1. Out of the following which gap arise when the sales force does not
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reduced the costs of trade‚ and trade negotiation rounds‚ originally under the auspices of the General Agreement on Tariffs and Trade (GATT)‚ which led to a series of agreements to remove restrictions on free trade. Benefits of Free Trade. 1. The theory of comparative advantage. This explains that by specialising in goods where countries have a lower opportunity cost‚ there can be an increase in economic welfare for all countries. 2. Reducing Tariff barriers leads to trade creation Trade creation
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highlight the different incentives offered by such promotions. An Empirical View of the Different Types of Consumer Promotions in India Expenditure on sales promotion by various marketing companies in India is estimated to be Rs. 5‚000 crore and is growing at a robust pace every year (Economic Times June 15‚ 2003). Companies in an attempt to drive sales offer various kinds of consumer promotions from price offs‚ extra product‚ freebies‚ scratch cards. In the year 2001‚ there were as many as 2‚050 promotional
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CHAPTER I INTRODUCTION 1.1 OVERVIEW OF THE CURRENT STATE OF SALES AND INVENTORY Sales and Inventory System is basically the total amount of goods and materials held in stock by a factory‚ store and other business. A process where in a business keeps its track of the goods and materials it has. A simplest form that can be done manually by a count at the end of each day‚ in this way it is possible to keep a record of the goods coming in to the business and goods being sold. Since manual inventory
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MID – TERM ASSIGNMENT S S 2 MATHEMATICS 1. Calculate the lengths marked x and y in the figures below. Give your answers in surd form. (a) (b) 2. The top of a building 24m high is observed from the top and from the bottom of a vertical tree. The angles of elevation are found to be 45o and 60o respectively‚ find the height of the tree. 3. A box contain ten marbles‚ seven of which are black and three are red. Three marbles are drawn one after the other without replacement. Find
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CHAPTER 18 Revenue Recognition ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) | | |Brief | | | Concepts | |Topics |Questions |Exercises |Exercises |Problems |for Analysis | |*1. Realization and recognition; sales |1‚ 2‚ 3‚ 4‚ |1‚ 2‚ 3‚ |1‚ 2‚ 3‚ 4‚
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DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: This DEED OF ABSOLUTE SALE is made‚ executed and entered into by: DELILAH S. ESTANISLAO‚ of legal age‚ single/married to SAMMY D. ESTANISLAO‚ Filipino‚ and with residence and postal address at 151 Corrales Avenue‚ Cagayan de Oro City‚ hereinafter referred to as the SELLER -AND- KORINA B. BANCHEZ‚ Filipino and with residence and postal address at 222 Baygon St.‚ Bayabas‚ Cagayan de Oro City‚ hereinafter referred
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UNIT 20: SALES PLANNING AND OPERATIONS Unit 20: Unit code: QCF level: Credit value: Sales Planning and Operations Y/601/1261 5 15 credits • Aim The aim of this unit is to provide learners with an understanding of sales planning‚ sales management‚ and the selling process‚ which can be applied in different markets and environments. • Unit abstract Selling is a key part of any successful business‚ and most people will find that they need to use sales skills at some point in
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What is sales forecasting? In general terms‚ forecasting means “A statement made about the future”. So‚ Sales forecasting is the estimation of sales made for the future. Sales forecast is an estimate of sales in rupees or in units for future period. A sales forecast is the prediction of sales volume that a company can estimate to achieve in specified period of time in future. Following are some of the definitions given by different scholars: According to American marketing Association
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Chapter 5 120 – Sales forecast‚ quotas • sales forecast: the future market potential for a specific product • quota: sales goals for different sales territories and individual people 121 – contingency‚ sales and operational planning • contingency: events that are conceivable but less likely than those based directly on the forecast • sales and operational planning (S&OP): an organized process that uses sales inputs to forecast business for upcoming periods of varying length 123 – SIC‚ NAICS
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