Month: December 2020

Qualities of Sales Executives. Attractive personality Ability to assess the customers Politeness and courtesy Thorough knowledge of the product Aggressiveness Confidence.

Types of wholesalers who may be found in our country today. National wholesalers – set up by government to distribute a specified product in the country. Have branches all over the country e.g K.M.T.C. Regional wholesalers: Cover a given region Read More …

Factors considered in choosing a channel of distribution for any particular product. Nature of goods:   Technical, Industrial, Perishable or goods that require servicing and installation should be sold directly to ultimate consumers or through retailers. Marketing costs: Goods that require special Read More …

Reasons for dissolution. Completion of the intended purpose or period agreed upon Loss of one partner Request of dissolution by one partner A change in the country’s law disqualifying the business. A court order. Inability of the business to meet Read More …

Why businessmen need to be trained. Expose them to modern development and management Import efficient business operating methods Identify problems facing businesses and look for solutions Import proper business ethics and good customer relations Educate them on how to utilize Read More …

Medium of exchange Standard measure of value Store of value Unit of account Standard of deferred payment.