Automotive

China's auto sales rise in November, but down for the year

China's sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic, but were below pre-virus levels for the year, an industry group reported Friday.

Machine learning & AI

Coaching sales agents? Use AI and human coaches

Researchers from Temple University, Sichuan University, and Fudan University published a new paper in the Journal of Marketing that explores the growing use of AI to coach sales agents to determine if there are any caveats ...

Business

Ford shares jump after strong 3Q profits

Ford reported a big jump in third-quarter profits Wednesday, pointing to strong sales in North America where large vehicles commanded generous prices amid tight inventories.

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Sales

A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity.

A sale is completed by the seller, the owner of the goods. It starts with consent (or agreement) to an acquisition or appropriation or request followed by the passing of title (property or ownership) in the item and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price the sale is still valid and gives rise to an obligation to pay.

This text uses material from Wikipedia, licensed under CC BY-SA