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Posted by Terms compared staff | May 2, 2020 | Accounting |
Determining profitability accurately is essential for any business to gauge its financial performance. Selling is an important function of any business entity whose core goal is profit maximization. Apart from maximizing sales,...
Read MorePosted by Terms compared staff | Apr 30, 2020 | Accounting, Finance, Marketing |
Preparation of documentary evidence of transactions is important for a business. Business documentation serves several purposes such as accounting evidence, audit trail, adherence to other jurisdictional laws etc. The revenue...
Read MorePosted by Terms compared staff | Apr 30, 2020 | Marketing |
Getting confused with the concepts of sales and business development is not a surprise because the two business activities are closely related to each other. Sales is entirely about selling products and services to the ultimate...
Read MorePosted by Terms compared staff | Apr 28, 2020 | Management |
Human capital comprising of the employees of a concern is one of the most valuable resources of a business. Though it is an intangible resource, employees are extremely important and critical in the running of any business....
Read MorePosted by Terms compared staff | Apr 28, 2020 | Management |
Forecasting and planning are two critical managerial functions and are also relevant for many other functions in the organization. Forecasting essentially refers to making projections or predictions regarding a future event,...
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