CUTTING COSTS
Research GCSE Business
, Give two examples of the ways a
business can reduce cost of
materials.
■ One way is buying cheaper raw materials. This is possible through
talking the supplier into giving little discounts or changing your
supplier.
■ Buying in bulk. This is essential to any business which need stock in
larger amounts. However if there is too much stock in a business it
can eventually get ruined. In order to avoid that businesses should
calculate the sufficient amount of stock needed in a business.
Research GCSE Business
, Give two examples of the ways a
business can reduce cost of
materials.
■ One way is buying cheaper raw materials. This is possible through
talking the supplier into giving little discounts or changing your
supplier.
■ Buying in bulk. This is essential to any business which need stock in
larger amounts. However if there is too much stock in a business it
can eventually get ruined. In order to avoid that businesses should
calculate the sufficient amount of stock needed in a business.
