Examlex

Solved

Briefly Discuss the Meaning and Significance of Each of the Following

question 24

Essay

Briefly discuss the meaning and significance of each of the following terms:
a.SWOT analysis
b.company value chain
c.industry value chain
d.weighted competitive strength assessment
e.benchmarking


Definitions:

Merchandise

Merchandise refers to goods or products that are purchased, stored, and sold by businesses to generate revenue.

Net Purchases

The total amount of purchases made by a company after subtracting returns, allowances, and discounts.

Merchandise Available

The total goods available for sale during a certain period, including both beginning inventory and purchases made.

Periodic Inventory

A periodic inventory system updates inventory balances and costs of goods sold at the end of an accounting period, rather than after each sale or purchase.

Related Questions