Business GCSE
Managing stock
What Managing stock means in Business GCSE, as defined for AQA.
Definition of Managing stock
Check what you remember
Read the wording for your board, then hide it and explain Managing stock in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Controlling the quantity, timing and cost of raw materials, components and finished goods held by a business.
Topics that use Managing stock
- The role of procurement (AQA GCSE)
Related terms
- Analysing supplier choice in context
- Best value
- Brand reputation
- Buffer stock
- Consequences for operations and costs
- Contextual judgement
- Customer satisfaction
- Customer satisfaction and reputation
Using Managing stock in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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