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There are three main purposes or motives of holing inventories:
a. The transaction Motive : Which facilitates continuous production and timely execution of sales orders .
b. The precautionary Motive which necessitates the holding of inventories for meeting the unpredictable change in demand and supplies of materials.
c. The speculative Motive which induces to keep inventories for taking advantage of price fluctuations saving in re ordering costs and quantity discounts etc.
Define the value addition for an entrepreneur. Value Addition: They do not obey the conventional rules of thumb. Entrepreneurs have a constant wish to introduce somethin
various approaches in test marketing..
relation to material management of the concept and its contribution explen economic order quantity
John was hired to the company as an Assistant Brand Manager 2 years ago, and is a high potential employee. John was hired directly after graduation from an MBA program at a prestig
Firms are concerned about the cost of absenteeism (employees either arriving late to work or leaving early from work). When firms tell employees that their pay will be deducted for
QUESTION 1 History is replete with cases where organizations fail as a result of poor or no communication especially in periods of crises. With what you have learnt from the lo
1.) The different approaches to organizations are: 1. INFORMATION SYSTEMS APPROACH 2. SOCIAL ORGANIZATIONAL APPROACH 3. CULTURAL APPROACH 4. CRITICA
ETHICS OF RESEARCH is my research paper topic of 3000 words
The Four Seasons Corporation The Four Seasons Corporation is a new firm to the market that is established recently. Since the garment industry is growing in a pace rate worldwide
Question 1: a) Explain how a business could carry out market research. b) Describe the difference between selling and marketing. c) Describe the 4 main international mark
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