Items
an
individual article or unit, especially one that is part of a list, collection,
or set.
is called
items its contain the following things
- Product
- Services
- Packages
Product
A product is the item offered for sale. A product can
be a service or an item.
It can be physical or in virtual or cyber form.
Every product is made at a cost and each is sold at a
price.
The price that can be charged depends on the market,
the quality, the marketing and the segment that is targeted
There are
following categories of product :-
1. Stock Product
A supply
of goods kept on hand for sale to customers by a merchant, distributor,
manufacturer, etc.
2. Non-Stock Product
A product
marked as non-stock is a product where the demand is too low to keep it in
stock. It is still possible to buy the product, but there is a minimum order
quantity.
3. Sample
In this we will provide the samples of the larger items so that it can be shown to the customers for the identification of color and design of the slabs.
4. Price list
A price
list is a listing of prices for different products or services.
5. Custom Price list
Sets the
price of products or services based on a relationship with customers.
A
commercial enterprise that provides work performed in an expert manner by an
individual or team for the benefit of its customers.
The
typical service business provides intangible products, such as accounting,
banking, consulting, cleaning, landscaping, education, insurance, treatment,
and transportation services.
The
combination of product and services is called package
Parties
In
Business parties is generally have the collection of
- Customers
- Suppliers
- Vendors
- Associates
Customers
A customer
(sometimes known as a client, buyer, or purchaser) is the recipient of a Good
or a service, or a product, or an idea, obtained from a seller, vendor, or
supplier via a financial transaction or exchange for money or some other
valuable consideration.
Etymologically,
a client is someone merely inclined to do business, whereas a purchaser
procures goods or services on occasion but a customer customarily or habitually
engages in transactions.
Supplier
A party
that supplies goods or services. A supplier may be distinguished from a
contractor or subcontractor, who commonly adds specialized input to
deliverables.
vendor
A vendor, also known as a supplier,
is an individual or company that sells goods or services to someone else in the
economic production chain.
Vendors are a part of
the supply the network of all the individuals, organizations, resources,
activities and technology involved in the creation and sale of a product, from
the delivery of source materials from the supplier to the manufacturer, through
to its eventual delivery to the end user.
Associate
connect
(someone or something) with something else in one's mind.
a
partner or companion in business or at work.
a person
with limited or subordinate membership of an organization.
Company
A company is any
entity that engages in business.
Companies can be
structured in different ways.
For example, your company can be a sole
proprietorship, a partnership, or a corporation.
Depending on which different
type of company you're dealing with, it may be owned by one person or a group
of people.
Liability in most types of company is assumed by the owners, and can
either be limited or unlimited depending on the type.
location
Named geographical
place (such as an airport, seaport, container freight station or terminal) that
provides permanent facilities for movement of goods (such as customs, storage,
and other support services) or is designated for a stated purpose.
Employee
An individual who
works part-time or full-time under a contract of employment, whether oral or
written, express or implied, and has recognized rights and duties. Also called
worker.
Resources
a stock or supply of
money, materials, staff, and other assets that can be drawn on by a person or
organization in order to function effectively.
An economic or
productive factor required to accomplish an activity, or as means to undertake
an enterprise and achieve desired outcome. Three most basic resources are land,
labor, and capital; other resources include energy, entrepreneurship,
information, expertise, management, and time.
Consignment
Trading arrangement in
which a seller sends goods to a buyer or reseller who pays the seller only as
and when the goods are sold. The seller remains the owner (title holder) of the
goods until they are paid for in full and, after a certain period, takes back
the unsold goods. Also called sale or return, or goods on consignment. See also
guaranteed sale.
