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the term and was coined by companies to refer to the process that helps firms keep demand and supply in balance. (enter only one word per blank.)

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Companies created the term "sales and operations planning" to describe the procedure that aids businesses in maintaining a balance between supply and demand.

How would you define sales?

A sale occurs when a buyer and a seller engage in a business transaction where the seller exchanges money for the sale of physical or intangible products , assets, or services .In a sale, there are at least two other parties. In broader terms, a sale or a contract between two or more parties, like the buyer and seller, can be considered.

What exactly do sales in company mean?

Any transaction where money or value is transferred for the right to own an item or access to a service is referred to as a sale in regular commercial operations. Sales in an accounting context refers to a company's revenue from product sales.

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