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Is stock control important in retail businesses?
Stock control is important in retail businesses. Not having enough stock in stores will fustrate customers. The lack of stock will cause people to shop elsewhere.
Internal control in stock holding and security?
Internal control in stock holding and security helps in the management and proper handling of the stock.
What is the difference between stock control and stock management?
stock control is the process of making sure that the correct level of stock is maitained and stock management is to meet demand while the cost of holding stock is to a minimum
How are computers used in stock control?
Computers are used in stock control to monitor the daily changes on the stock market. Computers are essential in participating in the stock exchange online.
What Qualifications do i need to be a Stock Control?
define what a stock controller is
What is the importance of traders in the stock market?
The traders in the stock market are important as they essentially control the share price which is determined by share holders. The traders can often influence the market with their purchasing decisions as a whole.
Why do companies do stock control?
In order to check for loss and fraud of stock
What are the general principles of stock control?
to stock products in a safe and convinient place for were the stock should be kept
What is meant by stock control in restaurants?
We are controlling inventory. Order to much stock, make it a "special" to control it. Count stock correctly and we wouldn't make these mistakes. its an ongoing battle
What is meant by stock control in retail?
An important part of stock control is to keep an inventory of stock levels, and to reorder and replace stock that has been sold to customers. Nowadays, most stock control is automated by a computer system, being linked directly to the tills, with the tills being linked to stock levels available in the warehouse, and even in other branches if need be.Most businesses hold an annual stocktake, which is usually done manually by employees visually noting and counting stock levels, which are then used to update and correct the computer system. The annual (once or twice yearly) stocktake is also done for insurance purposes, and to bring to light any misplaced, missing or stolen stock.
Who is in control of stock brokerage?
There are two schools of thought as to who is in control in regards to stock brokerages. One holds that the client is in control while the other holds that the broker is in control. Often it is a cooperative effort of the two.
Why is it important to do regular stock checks of stock investments?
It is important to do regular stock checks of stock investments to ensure that you your stock prices are profitable. Failure to regularly check can cause you to lose lots of money.
