FL2-Unit 7

Money a company spends in order to operate

A general rise in rates of pay, e.g. in a particular country

• Unit cost

• Wage inflation

• Ex-supplier factory

the cost of an item at the supplier's factory, not including delivery charges

Buffer stocks:extra quantities of stock that are kept in case they are needed

• TRUE

• FALSE

All the people available to work in a country

When a company moves part of its operations to another, often cheaper country

the rate at which people leave an organisation and are replaced by others

Countries with less-developed economies that are expected to experience lots of growth

Ways of saving money or wasting less money

Price per item