View_content. Performance Monitoring. This lesson is designed to be used in the classroom or as a homework task to support the teaching and learning of Performance Monitoring in BTEC Business.
This resource is designed specifically for Unit 2 of the Edexcel BTEC National qualification, 'Business and Management'. Image: If a company aims to reduce its impact on the environment how will it measure its performance? 5 Great Reasons for Small Businesses to Invest In a Stock Control System. When it comes to stock control, people are always faced with the dilemma of whether or not investment in a stock control or inventory management system will pay off.
Later in this article we’ll give you 5 great reasons why a good stock control or inventory management system simply must be on your priority list, particularly in today’s tough economic climate. But before looking at those, it’s probably useful to describe exactly what we mean when we use the term “stock control or inventory management system”. Not so very long ago, stock control or inventory management systems would have been largely paper based. Essentially a way of tracking or listing stock, together with its location and value, stock control and inventory management systems have long been an essential part of any business’s accounting process.
In recent years, stock control systems have become more sophisticated on the one hand, but thanks to the likes of barcodes, on the other hand have become somewhat simplified. Reasons to monitor staff and what monitoring includes.