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MyWikiBiz, Author Your Legacy — Friday November 15, 2024
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[[telebanking]]: electronic banking carried out by using a telephone line to communicate with a bank.   
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[[sales channel]]: a means of distributing products to the marketplace, either  directly to the end costumer, or indirectly through intermediaries such as retailers or dealers.   
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[[telecommute]]: to work without leaving your home by using telephone lines to carry data between your home and your employer's place of business.
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[[sales force]]: a group of sales people or sales representatives responsible for the sales of either a single product or the entire range of an organization's products.  
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[[telemarketing]]: Marketing goods or services directly to the consumer via the telephone.
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[[sales forecast]]: a prediction of future sales, based on past sales performance. Sales forecasting takes into account the economic climate, current sales trends, company capacity for production, company policy, and market research.
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[[telephone survey]]: a research technique in which members of the public are asked a series of questions on the telephone
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[[sales network]]: the distribution network by which goods and services are sold.
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[[terms of sale]]: The conditions concerning payment for a purchase.
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[[sales outlet]]: a company's office that deals with customers in a particular region or country
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[[terms of trade]]: a ratio to determine whether the conditions under which a country conducts its trade are favorable or unfavorable
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[[sales promotion]]: activities, usually short-term, designed to attract attention to a particular product and to increase its sales using advertising and publicity.
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[[test marketing]]: the use of a small-scale version of a marketing plan,  usually in a restricted area or with a small group, to test marketing strategy for a new product.
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[[sales quota]]: a target set for the sales force stating the number and range of products or services that should be sold.  
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[[think tank]]: an organization or group of experts researching and advising on issues of society, science, technology, industry, or business.  
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[[sales representative]]: a salesperson selling the products or services of a particular organization or manufacturer. Sales representatives are sometimes employed directly by a company as part of the sales force or they may work independently and be employed by contract. Sales reps often represent more than one product line from more than one company and usually work on commission.
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[[trade barrier]]: a condition imposed by a government to limit free exchange of goods internationally.
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[[seasonal business]]: trade that is affected by seasonal factors, for example, trade in goods such as suntan products or Christmas tress.
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[[trade credit]]: permission to buy from suppliers on open account.
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[[seed money]]: a usually modest amount of money used to convert an idea into a viable business. Seed money is a form of venture capital.
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[[trade-fair]]: a commercial exhibition designed to bring together buyers and sellers from a particular market sector.  
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[[self-employment]]: being in business on one's own account, either on a freelance basis, or by reason of owning a business. and not being engaged as an employee under a contract of employment.
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[[trademark]]: an identifiable mark on a product that may be a symbol, words, or both, that connects the product to the trader or producer of that product.
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[[self-liquidating]]: providing enough income to pay off the amount borrowed for financing.  
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[[turnkey contract]]: immediately. an agreement in which a contractor designs, constructs, and manages a project until it is ready to be handed over to the client and operation can begin he conditions concerning payment for a purchase
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[[service business]]: A retail business that deals in activities for the benefit of others.
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[[service charge]]: a gratuity usually paid in restaurants and hotels; a fee for any service provided, or additional fee for any enhancements to an existing service.
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[[setup costs]]: the costs associated with making a workstation or equipment available for use.
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[[short-term notes]]: Loans that come due in one year or less.
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[[sole proprietorship]]: Business legal structure in which one individual owns the business.

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