Thursday, 2 May 2024, 3:09 PM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
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SpeculationSpeculation exists when people buy currencies in the hope that they will increase in value. |
SpendingSpending refers to buying goods and services. |
StagflationStagflation where supply decreases, pushes prices up and increases unemployment at the same time. |
StakeholdersStakeholders – any party with direct or indirect association/ interest in a business enterprise. |
Statement of Financial PositionStatement of financial position – evaluates the financial position of a company by focusing on its assets, liabilities and shareholders’ equity |
Statement of Profit and LossStatement of profit and loss – provides a summary of an organisation’s revenue and expenses. |
StockStock is a measure that has no time dimension, example the amount of money in your wallet right now. |
Strategic Marketing PlanMarketing strategy is a long-term, forward-looking approach and an overall game plan of any organization or any business with the fundamental goal of achieving a sustainable competitive advantage by understanding the needs and want of customers. |
StrategyStrategy is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. |
Strategy Direction MatrixPlanning tool that provides a framework to help executives, senior managers, and marketers devise strategies for future growth and making decisions. |