1
Q
Procurement
A
The action of finding terms for and purchasing/selling a product
2
Q
JIT
A
Just in time stock management involves buying stock as and when it is needed rather than keeping spare
3
Q
JIC
A
Just in case stock management involves keeping large quantities spare just in case.
Business
flashcards
Decks in class (17)
# Cards
-
Ownership Structures21
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Paper 2 Missing Revision Cards17
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Procurement Process3
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Quality Control2
-
Methods Of Production3
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External Influences3
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Law5
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Formulas8
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Sources Of Finance12
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People In Business41
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Break Even6
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Cash Flow3
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Business Plans8
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Entrepeneur Skills2
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Stakeholder Groups4
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Business Growth14
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Marketing51
