Business Studies definition from past year 2009-2014

Market segmentation- identifying different segments within a market

and
targeting different products and services to them.
- separating a market by predefined properties
such as age, gender , location. This means that
marketing can be more focused.
Just-in-time- this stock-control method aims to avoid holding stocks
by requiring supplies to arrive just as they are needed in production
and completed products re produced to order.
- A method of stock control linked in with
production/retail systems that minimizes the
amount of stock held. Can be part of lean
production.