Depth Glossary
All the words and definitions you can't remmeber quite what they mean.
Marcoms- PR and Mrketting
KPI- Key performance indicator
Customer Service- To provide assistance to customers in order to meet their needs
Lead times- Time it takes to get from manufactures to in store
Communication- The imparting and exchanging of information by speaking, writting or using some other medium
One way communication- communication without feedback
Lateral communication- People at the same level within the organisiation passing information to each other
Vendor- A person or company offering somthing for sale
Component- A part of a larger whole
Strategy- A plan of action designed to achive an overall aim
Export- To send goods to another country for sale
Critical path- The series of tasks that must be done in order and in the right amount of time in order to complete a project on time
Omni channel retailing- A variety of channels in a customers shopping experiance including research before purchase
Subscription- An arrangment to receive somthing, typically a publiciation regually by paying in advance
Gross domestic product- (GDP) represents the value of all goods and service
Intergration- An act or instance of combining into an integral whole
Micro-enviroment- Micro enviroment factors are close to a buissness, that have a direct impact on its buissness operations and success.
Macro-enviroment- The condition that exsists in the economy as a whole rather than a particular sector or region.
Production- The process by which concepts are made into a saleable physical product
Classification-a catogary into which something is put