Shared Flashcard Set

Details

Acronyms and Common Phrases
N/A
15
Business
Professional
07/15/2015

Additional Business Flashcards

 


 

Cards

Term
EBITDA
Definition
Earnings before interest, taxes, depreciation, and amortization
Term
Single Source
Definition
Give a franchise to a single supplier for a particular product
Term
T & E
Definition
Travel and Entertainment
Term
RFP
Definition

Request for Proposal 

 

a solicitation, often made through a bidding process, by an agency or company interested in procurement of a commodity, service or valuable asset, to potential suppliers to submit business proposals.

Term
POS
Definition

Point of Sale 

 

The place where sales are made. Also known as "point of purchase".

Ex. At the shelf or display. 

Term
Lead Time
Definition
  1. the time between the initiation and completion of a production process.
Term
Line Price
Definition
the use of a limited number of price points for all the product offerings of a vendor.
Term
SKU
Definition

Stockkeeping unit 

 

associated with any purchasable item in a store or catalog.

Term
Shippers in terms of Retail
Definition
Open displays in the store that directly sell the product in display to the consumer.
Term
Trade Funds
Definition

Consists of off invoices, billbacks, scans, and lump sums 


This is paid out of the trade budget.

Term
Trade budget
Definition
This is determined by an accrual.
Term
Accrual
Definition
Set amount of money for every case that is shipped.
Term
Off invoice
Definition
Allowance given on every case during a period.
Term
Billback
Definition
These are use for items or products that have been sold.
Term
Scans
Definition
Only products that matter are those that went through the register.
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