Question { 18035 }

What is the difference btwn "Sales" and "Turnvoer".

Answer

Sales OR Sales Revenue = (Sales Price)*No of products sold
in specific time period

Turnover = How many times a company's products sold in a
specific time(usually a year). It can be how many times a
product is sold in a specific store in a year(in this case
we will say this product has turnover of 1000 times in this
store)

Sales Turnover= (Sales Price)* (No of products produced/
purchased and disposed off the company's warehouse, may be
on credit, may be some products damaged/in retail-shops,
some sold on discounts or promotions by retailors, some
promoted as 1+1 offers...)

This mean a company's Sales turnover can be "Equal to" OR
"GREATOR than" its Sales Revenues.

Example:
Mr. A is selling oranges and bananas. He eat himself 1
dozen bananas, and 1 dozen orange he give to poor for free.
Now Sales turnover also counts What he eat and what he give
to poor, BUT Sales Revenue will only count what is sold for
exchange of money.

Question { 3964 }

What is a difference between a practitioner and an MBA
MARKETER! IF BOTH are earning same in one company? Both are
respected same in a company? MBA professional gets
annoyed.... Why I did MBA? If someone else without it can
do the same job? In some cases! Practitioner are earning
better..... WHY? BEFORE WORLD introduced MBA,s! Companies
were running and people were selling!..... then WHY MBA
marketers especially? One practitioner says! There is no
need for MBA marketers? What should be the answer?...... ;)

Answer

Practitioner take many years to reach! Wher MBA's steps
IN....

NO! Practitioner reach an earning level in 5 or 10 years
wher MBA get in 1-2 years.

Before MBAs, People donnt know importance of customer
service, after-sales, Adverts, branded products, packaging,
colors, variety, shape, guarantees, coupons, gifts,
research on wat u need to produce, etc. Practitioner live
in POOL while MBA's in OCEAN.

There is a need for qualified MBA,s!.... Ask Practitioner,
Can you tell the financial ratio's and its use! Ask him how
will you handle profit & loss! budgeting! profit margins!
Am MBA marketer also know these financial terms and can
better copup with them! A practitioner like mostly physical
work, he hate calculations and complex tasks!.... An MBA
should be strong enough in complex process of business
where practitione is hides!,,, This way MBA will not face
practitioner asking why you did MBA! I can also do that
work..... THIS Qs POSTED AND ANSWERED BY A SINGLE
SOURCE.....AS THERE WAS NO REPLY....