Stock Control - Just In Case - Advantages and disadvantages table in GCSE Business Studies

Created by: ekefrancesca
Created on: 28-03-17 15:46


	Stock Control - Just In Case
	Advantages No risk of running out of stock Prepared for future sale surges	Disadvantages Stock might be wasted Money wasted if sales don't grow Storage issues Over ordering
	Evaluation Just in Case is a good option to be prepared for future sales and ensures the business will still make sales as they won't run out of stock. Alternatively, this method may result in money wasted on unsold stocks and storage issues which may be an inconvenience.

Stock Control - Just In Case

Advantages

No risk of running out of stock
Prepared for future sale surges

Disadvantages

Stock might be wasted
Money wasted if sales don't grow
Storage issues
Over ordering

Evaluation

Just in Case is a good option to be prepared for future sales and ensures the business will still make sales as they won't run out of stock. Alternatively, this method may result in money wasted on unsold stocks and storage issues which may be an inconvenience.

Comments

mzaheen1

Report Wed 30th May, 2018 @ 15:36

really helped

BarbaraRamsey

Report Mon 14th March, 2022 @ 10:12

Stock control, also known as inventory control, is used to indicate how much stock you have and how you maintain track of it at any one time. Animal SVGs are something else I'd like to show you. https://masterbundles.com/stock-content/vector/animal-svg/ There are a total of 184 Animal SVGs to pick from. It covers everything from raw materials to completed goods that you employ to make a product or service.

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Stock Control - Just In Case