definitions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| inventory/ stack | show 🗑
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| show | An economic principle that describes a consumer's desire and willingness to pay a price for a specific good or service. Holding all other factors constant, the price of a good or service increases as its demand increases and vice versa.
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| costing | show 🗑
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| show | Commerce: The movement of goods and services from the source through a distribution channel, right up to the final customer, consumer, or user, and the movement of payment in the opposite direction, right up to the original producer or supplier.
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| show | Process of generating an invoice to recover sales price from the customer. Also called Invoicing. See also billings.
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| negotiation | show 🗑
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| logistics | show 🗑
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| supplier | show 🗑
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| distribution channel | show 🗑
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| manafacture | show 🗑
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| show | the process of finding suppliers of goods or services
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| show | Any device used to move an item from one location to another. Common forms of transportation include planes, trains, automobiles, and other two-wheel devices such as bikes or motorcycles.
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| show | An entity that buys noncompeting products or product lines, warehouses them, and resells them to retailers or direct to the end users or customers. Most distributors provide strong manpower and cash support to the supplier.
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| show | Performance of administrative and physical functions associated with storage of goods and materials. These functions include receipt, identification, inspection, verification, putting away, retrieval for issue
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| break-bulk | show 🗑
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| show | the basic material from which a product is made.
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| show | goods transported in bulk by truck, train, ship, or aircraft
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| vendor | show 🗑
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| retailer | show 🗑
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| barriers to entry | show 🗑
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Created by:
kirat.singh
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