GIRL 1 | Page 68

Glossary

Communcation: the exchange of information through speaking, writing, sign language or another medium.

Internal Communication: exchange of information within an organisation or business

External Communication: exchange of information that takes place outside an organisation

Semiotics: the study of signs

Reliability: the ability to be depended on for accuracy, honesty and achievement .

Ability: a skill to be able to do something.

Strategy: plan of action designed to achieve the aim.

Export: send goods or services to another country for sale.

Multichannel Retailing: when a store provides lots of ways to purchase goods

Omnichannel Retailing: a variety of media to reach the customers.

Bricks and Clicks: a shop that is on the high street and online

Bricks and Mortar: a retailer with a physical store.

Integration: An act into an integral whole.

Gross Domestic Product: represents the monetry value of goods.

Gross Value Added: measure ofthe value and services of goods.

ETI Base Code: 'Ethical Trading Inivative' code of labour practice that companies must use.