Examlex
Portable barcode readers are always used in point-of-sale (POS) systems.
JIT
Just-In-Time, a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and decrease waste.
Credit Policy Variable
An element that defines the guidelines under which credit is extended to customers, including terms of payment and interest rates.
Credit Period
The duration of time a buyer is allowed to pay for goods or services received, before interest or penalties begin accruing.
Collection Policy
The specific strategies and methods a company uses to manage the collection of its accounts receivable.
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