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Please Define the Following Key Terms

question 47

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Phoenicians


Definitions:

Basic Functions

The fundamental operations or activities that are necessary for an organization, system, or process to run effectively.

Receiving

Refers to the process of accepting goods, documents, or other items.

Stockout

A situation in which a company does not have enough inventory available to fill an order.

Inventory Available

Refers to the products or goods a company has in stock and is ready to sell or distribute to customers.

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