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Just in time (JIT) is a stock control system that removes the need to hold large quantities of buffer stocks. Stocks arrive just before they are required. JIT would improve the cash flow of a company, wit...
We could assess the ability of a business to pay its liabilities using two ratios. Firstly, we could use the current ratio, which is calculated by dividing current assets by current liabilities (Found in...
Shareholder ratios are measures used to assess the level of return received by the shareholders of a company. There are two main meaures: dividend per share and divident yield.
Dividend p...
Marketing refers to the process in which a business attempts to understand its customers and find ways to provide products or services to suit their demand. Marketing can be in the form of busines to busi...
Redundancy happens in the case where the services of an employee are no longer required by the business. This can happen for example if the organisation has purchased new machinery to carry out part of th...
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