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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 would imply that some production is lost resulting in idle time for men and machines or that the work is delayed which might attract some penalty. While if the stock out is external it would result in a loss of potential sales and / or loss of customer goodwill. A shortage can evoke different reactions from customers it would result in a backorder or a lost sale. In case of backorder the sales are not lost they are only delayed.
Standardised measures for E-marketing performance are both needed and necessary. The discussion of most of the researchers has centred on the following measures (beside the traditi
What is Job Evaluation? Definition of Job Evaluation: It is a systematic process of evaluating various jobs of an organization. Depending on the features and needs of a j
AskEvaluate the ethics of selling gene tests directly to consumers like these companies are doing. What would each of the three theories of a business’s duties to consumers say abo
what are the duties and rights or obligations of the leaser and lessee and cases studies to conflicts on either of the two and how they have been resolved?
How is the Leadership affected in the organization? Leadership: It is the knack of getting other people to obey you and do willingly the things which you need them to do.
Business strategy report (5,000 words) Section 1: Strategy Recommendations and Evaluation Summary (1,000 words) Section 2: Business Strategy Report (4,000 words)
QUESTION 1 (a) Rationalising procedures and redesigning business processes are limited to specific parts of a business. New information systems can ultimately affect the design
discuss the three approaches to the short-term financing problem and provide relevant example of each
Question 1: (i) Define a "bargaining unit". (ii) What are the factors, advocated by the Code of Practice of the Industrial Relations Act, 1973 which should be taken into a
Explain the different delivery styles that speakers can select for their presentation.
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