Month: April 2022

1. Categorize your inventory This is similar to ABC analysis practice where management categorizes its inventory according to its value and speed to turnover. Sales number and profitability margins are some of the ways stocks are valued. Inventory optimization software, Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DBIT401 COMPUTER NETWORKS AND MANAGEMENT FULLTIME/PARTTIME DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION ONE a) Define a computer network and Read More …

1. It increases efficiency Staff efficiency can greatly increase the overall health of the store. Without organized inventory management, a lot of time is wasted locating files, emails etc. On the other hand implementation of a good inventory management system Read More …

Manual Many small business owners, especially if the business has very few products, keep track of inventory manually. The easiest way to perform manual inventory management is to use a spreadsheet. For example, a small bakery might use a spreadsheet Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DBIT307 BUSINESS MANAGEMENT FULLTIME/PARTTIME DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION ONE (a). Business is sometimes thought of differently by Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DBIT306 OBJECT ORIENTED ANALYSIS AND DESIGN DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer question ONE and any other TWO questions. QUESTION ONE COMPULSORY (30 MARKS) a) Distinguish between Read More …