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Management ordinarily can accurately forecast and budget direct selling costs,if it uses the unlimited-payment method of controlling sales reps' expenses.
Quiet Phase
A period in fundraising, particularly in capital campaigns, during which an organization seeks major gifts in private before announcing the campaign publicly.
Public Phase
A stage in fundraising campaigns, especially in capital campaigns, where organizations seek wider public contributions after securing initial major gifts.
Personal Contact
Direct interaction between individuals, which can be face-to-face or through various forms of communication, often used to build or maintain relationships.
Bequest
A transfer of personal property, often money or assets, through a will or estate plan to an individual or organization.
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