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What was the historical difference between consumer finance companies and sales finance companies?
The consumer finance companies has been servicing credit since 1916. The sales finance companies has been in since 1940.
What are the examples of sales finance companies?
cellphone
What is the relationship between finance and retail?
-Finance in Retail goes hand in hand , The relationship is simple, one needs money to buy something, same is with retail. Without finance retail would not work . To retail any product you need to buy it in bulk this is where finance walks in ...Preet SinghFinance helps give the ability to consumers who otherwise may not be able to purchase products with currency from a retailer to purchase the products through financing institutions allowing the retailer to be paid in full.
What services are available from Lombard Finance?
Lombard Finance offers many financing services at affordable prices. Some of the services they offer are various types of personal credit cards and they also provide retail consumer finance for retail companies.
How each of the functions departments are dependent on each other work together?
· Sales and Production: Sales must know production schedules and agree delivery dates of orders with Production so customers are not promised dates which cannot be met.Production must tell Sales about production problems which will affect customers.· Sales and Finance: Finance must know about customer enquiries to check their credit rating before sales are made. Finance will be involved when discounts are agreed or when there are problems with customer payments.· Distribution and Finance: Finance must know when goods have been dispatched so that invoices can be sent out.· Finance and all other departments: Finance monitors departmental spending and the achievement of financial targets.· Human Resources and Finance: Will liaise over salary increases and bonuses.Customer Service, sales and marketing: Customer Service must pass on customer feedback that could affect future product developments or future sales.· Distribution and Sales: Sales must be able to inform customers when deliveries are due and be aware of any problems.· Sales and Marketing: Must liaise over sales promotions and adverts so that sales staff can expect/handle enquiries.
Three organisational sectors?
retail and sales banking and finance leisure and tourism
What does ASP in retail mean?
Average sales profit
What does mos in retail sales mean?
"Marked Out of Stock"-for merchandise damaged on the sales floor.
Which are greater wholesale sales or retail sales?
Retail sales.
What is the retail area in a retail store?
Open area in a retail store. for freelacing serch SIFreelancingCenter
What is a Retail Sales Associate?
A sales clerk. Person who works on a sales floor of a retail store.
What does Main Line mean in reference to merchandising?
what does main line refer to in retail sales
What is the subject in this sentence Retail sales rose modestly last month?
Retail sales.
What is retail sale?
Sales clerk. Person who works on a sales floor of a retail store.
What were gum sales in retail food outlets in 1999?
Gum sales in retail food outlets had sales of $594 million in 1999
What is the type of economic measurement for retail?
Retail sales
What were Retail sales of sauces and dressings in 2002?
Retail sales of sauces and dressings were $7.02 billion in 2002
