Examlex
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
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.
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