What Are the Seven Areas in Which the Management of a Company

question 65

Essay

What are the seven areas in which the management of a company has to prepare itself before entering contract negotiations with a union?

---

Definitions:

Special Promotion

A marketing campaign offering unique deals or discounts to boost sales or consumer interest.

Wholesaler

A person or entity that buys goods in large quantities from manufacturers or importers and sells them to retailers or other businesses.

Mark-Up

The percentage or fixed amount added to the cost of goods to determine the selling price.

Operating Profit

Revenue obtained through a company's principal business activities, before subtracting interest and taxes.