The return of money that has been paid for a product when it is returned by the purchaser.
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SALES RETURN AND ALLOWANCES
The recording of a returned product after it was previously sold.
SALES REVENUE
The amount made by selling services and goods in the normal operating scope of a company within a set time frame.
SALES STRATEGY
The plans used to acheive a set of sales quotas and targets. It involves sales presentation , identification of customers and policy formation.
SALES TARGET
The amount of sales that is set by management to be acheived and hopefully exceeded in a specified time interval. The target will be spread among sales persons, franchises, agents […]
SALES TAX
The tax that is levied on sales of goods and services that is put on the gross price of a goods or service. It is not a value added tax […]
SALES TERRITORY
The area in geographical terms that is assigned to a sales person or agent.
SALES TO CASH FLOW RATIO
The measure of the efficiency of a company’s marketing strategy . It is calculated by dividing sales of each share with the cash flow of each share.
SALES TREND
The relative health of a company against its industry peers. A combination of data from annual sales, and employment figures over a given period.
SALES UNIT
A quota for sales is assigned to a sales unit. The unit may be a sales person, a branch office , a distributor or an agent.
SALES VOLUME
The volume of goods sold in number or quantity of units during the normal operating times of a company.
SALES VOLUME VARIANCE
The difference between the actual quantity of sales and the budgeted number of sales. This resulting figure is then multiplied by the profit margin .
SALES-REVENUE DRIVEN EXPENSES
Known as sales driven expenses. These are the variable operating expenses that are associated with changes in volume of sales. Not listed seperately in accounts but taken into consideration .
SALES-VOLUME DRIVEN EXPENSES
The variable expenses of operation assocoiated with changes in total volume of sales. Not listed seperately as an expense but still taken into account.
SALES/PRICE ANALYSIS
The evaluation of the impact on sales and the resulting cash flow and profit of different trade offs between prices and sales revenues of the product or the product mix […]
SALES/VOLUME ANALYSIS
The evaluation of the impact on the profit and sale of different trade offs between volume of sales and one or more than one profit factor .
SALESMANSHIP
A practice of satisfying a customer needs through an efficient process, a fair process, with sincerity,that is aimed at a long and productive sales relationship .
SALESPERSON
The individual who sells services and goods to another person. Their success is based on volume and sales.
SALET
In old English law . A headpiece ; a steel cap or morion. Cowell.
SALFOKD HUNDRED COURT OF RECORD
An inferior and local court of record having jurisdiction in personal actions where the debt or damage sought to be recovered does not exceed
SALIC LAW
A body of law framed by the Salian Franks, after their settlement In Gaul under their king Pharamond, about the beginning of the fifth century. It is the most ancient […]
SALIENT
Something that is noticeable or obvious, easy to see and visible.
SALMONELLA
A bacteria found in sewage and human and animal intestines. These orgaisms are toxic and cause different diseases when injested. Different strains are found in different food.
SALMONELLOSIS
The gastroenteritis caused by the injestion of salmonella bacteria. Symptoms include vomiting, diarohea, fever and haedache. Fatal to young and elderly patients.
SALOON
does not necessarily import a place to sell liquors. It may mean a place for the sale of general refreshments. Kitson v. Ann Arbor, 26 Mich. 325. “Saloon” has not […]