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An individual service subscriber who generates recurring revenue for a company. This is used as a performance measure with analysts, investors and other participants. Investors will look for a company to increase its revenue generating units over time because this suggests that the company is remaining competitive.
We use the term "Revenue Generation" instead of "sales" or "marketing" because the discipline of generating revenue should penetrate every corner of your organization. Revenue generation doesn't just reside in your sales & marketing department.
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What is the purpose of sales department?
Revenue Generation
What are the sources of revenue generation in Nigeria?
Sources of revenue to Nigeria are petroleum, electricity and taxes
Use the word revenue in a sentence?
My boss intimated that the company is only interested in revenue generation.
Local government internal revenue generation in Nigeria?
Internal revenue can be greatly improved when the people are motivated by what they see the Local Government do with existing funds.
What are the importance of fuel industry to nigeria economy?
for the generation of revenue to the government.for the provision of employment and reduction of crime
What is the importance of vat and revenue generation in nigeria?
VAT and revenue are some of the most important sources of funds for the government. The money is used in paying civil servants and provision of services such as security.
What is inventory on the balance sheet?
Inventory is that amount which is used in current fiscal year for production of goods to revenue generation.
What is depreciation of fixed assets?
Depreciation is the method of allocation of part of cost to all fiscal years to which fixed asset is used for revenue generation to income statement
What is leasehold in balance sheet?
Leasehold means all premises acquired on lease agreement to be used in business for revenue generation.
What are the benefit of privatization?
One of the benefits of privatization is that it improves service delivery. There is also improved efficiency and leads to more revenue generation.
Causes of depreciation?
Causes of depreciation is that wear and tear which affects the fixed asset during the year in which that asset is utilized in revenue generation process of business as well as it is not fair to use assets for more than one fiscal year for revenue generation but all cost allocate to one specific fiscal year which is against the matching concept.
Is depreciation calculated on date of purchase of the article?
Depreciation is calculated from the date it is put in the business to work and revenue generation. both dates can be or cannot be same.
