Sales Finance

Which of the following is a main factor of sales finance?

• A) Marketing strategies

• B) Sales forecasting

• C) Customer feedback

• D) Product design

To maintain an accurate inventory, it is important to ______.

• Increase sales

• Reduce costs

• Track stock levels

• Expand product lines

What does Sales Finance pertain to?

• Marketing strategies

• Monetary aspect of businesses

• Human resources

• Product development.

Sales Finance helps companies allocate resources ________ and efficiently.

• slowly

• ineffectively

• effectively

• randomly

What are sales budgets?

• Financial plans for a business

• Marketing strategies

• Employee schedules

• Customer feedback

Sales budgets are the starting point for businesses in order to be ______ and effective in sales.

• efficient

• costly

• slow

• ineffective

What is the primary purpose of planning and managing sales budgets?

• To increase sales

• To gain financial control

• To reduce expenses

• To improve customer satisfaction.

Sales budgets should be broken down into multiple components of business expenses and ________.

• A) marketing strategies

• B) sales forecasts

• C) employee salaries

• D) product development

Which of the following is a factor affecting a sales budget?

• Marketing strategies

• Sales forecasts

• Customer feedback

• Brand reputation

A sales budget is influenced by several factors, including ______.

• Employee compensation

• Market trends

• Customer satisfaction

• Brand loyalty