7437454
| Question | Answer |
| what is stock? | stock is the goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution. |
| what do you call the highest level of stock? | Maximum stock level |
| what do you call the lowest level of stock? | Minimum level stock |
| what do you call the level of stock which is in the middle? | Re-order level |
| what are the benefits of holding little or no stock? | less chance of damaged or stolen stock. cost saving in not having to store stock. |
| what are the benefits of holding stock? | Businesses can meet unpredicted surges in demand. A business can receive discounts for bulk buying. |
Want to create your own Flashcards for free with GoConqr? Learn more.