- Created by: oli bullock
- Created on: 16-05-15 13:52
This is where every nth person is chosen for example and n is random number, also with a big population it could be very costly and tame wasting
This is when a specific group that has spersific charicteristics needs to be servayed.
This involves a small group that represent a larger group
This is where a set approch is done eg every hundreth person
This is the most frequently used it is just asking anyone in the desired group
Short Term Finance
This is used to improve the cash flow of the business and not to buy capital equipment
It is usally used to purchse specefic machinery or raw materials and is repaid over a certain amount of time. Unlike a loan it is a specefic amount of money
It is where a business can take a delivery of goods and not have topay for it right away
A business can sell there debts to a factoring company in exchange for money, it will increse the imidiate cash.