Chapter 7 Flashcards
Navigating the environment
revenue beyond the sale of memberships and services generated by the direct sale of products to customers
ancillary revenue
statistical data relating to the population and particular groups in it
demographics
activities that create opportunities for future sales
driver of sales
activities involved in day to day functions of a business that do not directly generate revenue
operations
a part of an organization with assignable revenues and costs and ascertainable profitability
profit center
study of personality, values, opinions, attitudes, interests and lifestyles
psychographics
company’s overall sales or revenues before any discounts or returns
top line
a complete product or service ready for immediate use
turn key