Inventory Management Flashcards

1
Q

Inventory

A

All goods used or held for sale in the daily course of business

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2
Q

Inventory Management

A

Balancing items needed to meet client or patient needs against the cost of carrying/stocking these items

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3
Q

Inventory turn over

A

Every 45-60 days

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4
Q

Should you carry multiple brands of the same thing?

A

False

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5
Q

Internal marketing

A

Aimed at existing clients
Relationships, attitude, appearance
Full service care
Reminders
Handouts
Newsletter
Sympathy cards

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6
Q

External Marketing

A

Aimed to gain new clients
Word of mouth/referrals
Advertising
Website
Newspaper columns
Tv appearances
Community actions

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