Goods received note Financial document sent by the buyer once the goods have been received. TV advertising Above the line promotion Net profit margin Net Profit / Revenue x 100 = ? Delaying payment to suppliers A method to improve negative cashflow Favourable budget variance Budgeted sales = £600 Actual sales = £1,000 Trade shows Below the line promotion Margin of safety The difference between your actual output and your BEP Price skimming Setting a high initial price, then lowering over time Niche market Targeting a smaller segment of a larger market Pop-up advert Example of digital marketing Purchase order Document used to confirm an order Fixed cost Rent is an example of this... Age Demographic variable Payment remittance Financial document stating that an invoice has been paid. Current ratio CA / CL Variable cost A cost which changes in relation to output Adverse budget variance Budgeted costs = £1,200 Actual costs = £1,500 Psychographic segmentation Targeting a customer based on their attitudes and values Net current assets Current assets - current liabilities Net cash flow Cash inflows - cash outflows Price penetration Set a lower initial price, then gradually increase it. Growth Stage of the Product Life Cycle Gross profit Revenue - Cost of Sales = ? Break Even point FC / (SP - VC) Start- up costs Resources that are purchased before a business can begin operating Goods received note Financial document sent by the buyer once the goods have been received. TV advertising Above the line promotion Net profit margin Net Profit / Revenue x 100 = ? Delaying payment to suppliers A method to improve negative cashflow Favourable budget variance Budgeted sales = £600 Actual sales = £1,000 Trade shows Below the line promotion Margin of safety The difference between your actual output and your BEP Price skimming Setting a high initial price, then lowering over time Niche market Targeting a smaller segment of a larger market Pop-up advert Example of digital marketing Purchase order Document used to confirm an order Fixed cost Rent is an example of this... Age Demographic variable Payment remittance Financial document stating that an invoice has been paid. Current ratio CA / CL Variable cost A cost which changes in relation to output Adverse budget variance Budgeted costs = £1,200 Actual costs = £1,500 Psychographic segmentation Targeting a customer based on their attitudes and values Net current assets Current assets - current liabilities Net cash flow Cash inflows - cash outflows Price penetration Set a lower initial price, then gradually increase it. Growth Stage of the Product Life Cycle Gross profit Revenue - Cost of Sales = ? Break Even point FC / (SP - VC) Start- up costs Resources that are purchased before a business can begin operating
(Print)
Financial document sent by the buyer once the goods have been received.
Above the line promotion
Net Profit / Revenue x 100 = ?
A method to improve negative cashflow
Budgeted sales = £600 Actual sales = £1,000
Below the line promotion
The difference between your actual output and your BEP
Setting a high initial price, then lowering over time
Targeting a smaller segment of a larger market
Example of digital marketing
Document used to confirm an order
Rent is an example of this...
Demographic variable
Financial document stating that an invoice has been paid.
CA / CL
A cost which changes in relation to output
Budgeted costs = £1,200 Actual costs = £1,500
Targeting a customer based on their attitudes and values
Current assets - current liabilities
Cash inflows - cash outflows
Set a lower initial price, then gradually increase it.
Stage of the Product Life Cycle
Revenue - Cost of Sales = ?
FC / (SP - VC)
Resources that are purchased before a business can begin operating
