Marketing 1 Week 7 Vocab words

When there are too many staff members in the store for the customer traffic.

The payments made to employees for the hours that they work.

The management of the merchandise a store has for sale.

A tool measures how often stock is sold during a given time period.

An Invoice is the vendor's bill for stock purchased.

An Inventory system that keeps track of stock items on a continual basis.

The amount of money avaiable to a buyer purchases merchandise.

Another term for Inventory

When there is not enough staff to handle Customers

An Inventory system that makes use of periodic counts of the stock to ascertain stock levels.

The number of workers assigned to jobs at a particular time.

Just-in Time Inventory Control system a online method of inventory that link a store to the supplier that buy new stock

The assignment of workers to jobs within business.

The total amount of goods a business has Including goods in the backroom and on the sales floor.

A business from which a buyer purchases merchandise.

The person who is responsible for npurchasing the merchandise for a store.