Question
What purpose does a sales budget' serve?

Answer

Sales budget gives an estimate of future sales, both in terms of quantity and money. It is used to create target sales to be achieved during a specified period.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Komal has started a herbal toothpaste manufacturing unit. She has decided about the logo, packaging format and labelling of the product. Her friend Neha asked her whether she has taken care of the legally recognised exclusive rights of other manufacturers in the industry before taking the above-stated decisions?
Identify and give the meaning of the concept about which Neha asked Komal.
What is the alternate name of stock used by different people?
Why primary market is also known as new issue market? Give one reason.
Blockbuster
This case study also applies to lack of agility but it's essentially location that has led to the downfall of Blockbuster. The company that delivers movies to 15 million doorsteps these days isn't Blockbuster the retail chain that once dominated the industry but an upstart company, Netflix company, that used little more than a website and knowledge of the postal service to topple a far more powerful and wealthy rival. The place for a video rental store these days is not on the high street but on the internet. Some fundamental rules changed and Blockbuster didn't get it fast enough whatever performance yardstick. Blockbuster was using to measure business success and guide strategic planing underestimated the impact of the change.
  1. What were the reasons for Blockbuster's failure?
  2. Which company caused the downfall of Blockbuster?
Who should write the business plan?
What are the factors involved in sensing opportunities?
Answer each of these questions in about fifteen words:
What is the need of secondary market?
What are the purposes of a logo?
From the following information, calculate 'Return on Equity':$\text{Captital}\text{ }\text{ }\text{ }\text{ }\text{ }\text{ }\text{ }\text{ }{\text{₹}}\text{ }\text{6,00,000}\\10{\text{%}}{\text{Loan}}\text{ }\text{ }\text{ }\text{ }\text{ }\text{ }\text{ }{\text{₹}}\text{ }20,000$
Net profit before interest ₹ 1,40,000. Also, state what is this return on rupees per lakh of equity.
Product quality, customer satisfaction and company profitability are intimately 'connected'. Comment.