Flashcards
stock
Cards in this deck (7)
- 1what is stock?stock is the goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution.
- 2what do you call the highest level of stock?Maximum stock level
- 3what do you call the lowest level of stock?Minimum level stock
- 4what do you call the level of stock which is in the middle?Re-order level
- 5what are the benefits of holding little or no stock?less chance of damaged or stolen stock.
cost saving in not having to store stock. - 6what are the benefits of holding stock?Businesses can meet unpredicted surges in demand.
A business can receive discounts for bulk buying. - 7—
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- Flashcards on stock, created by josh bell on 24/01/2017.
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- josh bell
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