Prepare budgets and financial plans Essay Example | Topics and Well Written Essays - 750 words

Prepare budgets and financial plans - Essay ExampleBaby monitoring devices can also be knockout upon as parents are devoting much of their time to work.For example, the use of USB/ Flash Disks is currently on the rise. What features of the Flash Disks do they put up most importance to Is it the slimness Is it somewhat high memory There is a need to know this- Advertisements and other sales generating and improving activities require funds. It is well known that the degree of effectiveness of promotions push is directly related to the customer appeal of products.An inventory of prices, survey on product features and another survey of current marketing strategies of other companies can slacken off the following data that will surely help in decision matters in the degree of intensity of sales activities.b. Policies on International Trade - thither is a need to know what the giving medication is planning with regards to the international market. Government initiative on establishi ng diplomatic and business dealing with other countries can unfold up new markets. An embargo to a certain foreign market can greatly reduce opportunities for sale.An up-to-date query in appropriate government offices, past government measures regarding the business environment and analysis of the current political situations can provide the necessary information unavoidable for this field.concerns about the toxici... 3. Budget for force out Developmenta. Training - determines how well-versed a sales personnel is making a sale b. Incentives - determines how much a personnel can expect for his performance tending(p) a rewards and bonus system CompetitionAn inventory of prices, survey on product features and another survey of current marketing strategies of other companies can give the following data that will surely help in decision matters in the degree of intensity of sales activities.1. Product Price Comparison slacken 2. Product Specifications, Features and Qualities Compa rison Matrix3. Marketing Strategy of Other Companies4. Competitors Market ShareThese data will serve as a basis of affinity for the companys own products. It can give details on how to best improve the products customer appeal thereby increasing sales.Government Policies1. Economic Policy Settingsa. tax income Measures - tax imposed on product sales can greatly affect the resulting net sales revenue and the selling price of the productb. Policies on International Trade - there is a need to know what the government is planning with regards to the international market. Government initiative on establishing diplomatic and business relations with other countries can open up new markets. An embargo to a certain foreign market can greatly reduce opportunities for sale.An up-to-date inquiry in appropriate government offices, past government measures regarding the business environment and analysis of the current political situations can provide the necessary information needed for this fie ld.Environmental Policies 1. Location Restrictions-