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Stock out cost means the cost associated with not serving the customers. Stock outs imply shortages. If the stock out is internal ( that is in the production system) it woul
short note on marketing
QUESTION (a) Communication flows up, down and across the chain of command. Explain the major differences between vertical and horizontal communication channels. (b) Identify
Identify development opportunities to meet current and future defined needs
Applying TQM that emphasizes customer service and employee teamwork to improve products to a business in which the goods they sell are smarts skill and judgment is not without i
MK Robe-Stones (MK-R-S) is a large manufacturing firm which was set up as a Limited company 6 years ago, in 2009, by a family organisation. The firm was originally started as a bus
Describe briefly the main stages included in the (rational) process of consumer behaviour when making a purchase. Problem/Need recognition The purchasing process is a pro
What are the features, advantages and disadvantages of sole proprietorship
State the organizational and personal managerial decisions. Organizational and Personal decisions: A manager creates organizational decisions into the capacity of a compa
Question: (a) Name clothing Business terms e.g. ready to Wear and give a brief description of the term. (b) What does merchandising imply in an apparel industry? (c) What a
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