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Auctions
AUCTIONS A sale open to the general public and conducted by an auctioneer, a person empowered to conduct such a sale, at which property is sold to the highest bidder. A bid is an offer by a bidder, a prospective purchaser, to pay a designated amount for the property on sale. A Dutch auction is a... Read more |
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sale
sale in law, transfer of ownership in return for money. An exchange of goods for goods is termed barter, but the distinction between sale and barter is mainly technical; laws that govern one govern the other equally. Sale and barter are distinguished from the giving of a gift , which involves no... Read more |
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marketing
marketing Study and practice of enhancing the sales of goods or services. It includes product development, design, packaging, pricing, market research and advertising.... Read more |
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Market Value
MARKET VALUE The highest price a willing buyer would pay and a willing seller would accept, both being fully informed, and the property being exposed for sale for a reasonable period of time. The market value may be different from the price a property can actually be sold for at a given time... Read more |
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sales tax
sales tax levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. It may be levied each time a commodity... Read more |
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electronic funds transfer at point of sale
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Supply
Supply BIBLIOGRAPHY In economic theory, supply is the relationship between the price of a product and the number of units of product that producers are willing to offer for sale per unit time (called quantity supplied ) when all other relevant factors, excluding the price of the product,... Read more |
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Arbitrage
ARBITRAGE The simultaneous purchase in one market and sale in another of a security or commodity in hope of making a profit on price differences in the different markets. In its simplest form, arbitrage is "buying low and selling high." In this sense, any trader who buys something in one... Read more |
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Sales management
Sales Management Sales management involves planning, implementing, and controlling personal contact programs designed to achieve the sales and profit objectives of the firm. Sales managers are responsible for directing the firm's sales program; in carrying out this responsibility, a sales manager... Read more |
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ticket
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