Day: September 24, 2021

FINANCIAL SYSTEMS-FINANCIAL INSTRUMENTS A financial instrument is defined as, a claim against the income or wealth of a business firm, house hold or unit of government, normally represented by a certificate, receipt or other legal document, and which is usually Read More …

What is sales planning? Planning is done at various stages of the sales lifecycle around the fiscal year. All business corporations set monthly or quarterly sales targets and to achieve this, a lot of planning and execution is required. A Read More …

INTRODUCTION TO FINANCIAL SYSTEMS The Financial System A financial system no matter how rudimentary is a complex system. It is complex in its operation such that neither the system itself nor its operation can be measured accurately. Because of this Read More …

                                           SALES FORECASTING A company can forecast sales either by forecasting market sales (called market forecasting) and then determining what share of this will accrue to the company or by forecasting the company’s sales directly. The point is that planners Read More …