Monday, 29 April 2024, 11:35 AM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
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LeadershipLeadership is leading a group of people, leading is about motivating a group of people to achieve common goals. |
LeakageLeakage refers to money that leaves the circular flow. |
Learning Stylethe particular way in which you gather and perceive information and the process and organise it.
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LiabilityLiability – present obligation, resulting from past event, the settlement of which leads to decrease in economic benefit. |
Lifetime ValueIn marketing, customer lifetime value, lifetime customer value, or life-time value is a prediction of the net profit attributed to the entire future relationship with a customer. |
ListeningWhen you listen you give your attention to something that is being said. |
LogisticsLogistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. |
Logistics Customer ServiceLogistics customer service is a part of a firm's overall customer service offering, customer service elements that are specific to logistics operations including fulfillment, speed, quality, and cost. The term fulfillment process has been described as the entire process of filling the customer's order. |
Long RunLong run is a situation where all factors are variable. |
Lorenz CurveLorenz curve is a graphic device used to show the degree of inequality in an economy. |