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Saturday 8 November 2014

ABC Method

ABC Method

ABC methodIt is a method of stock control in which each item is designated by the letter A, B or C depending upon its value to .....: ABC method refers Attention, Benefits and Close or sometimes Always Be Closing. Its a sales method, where the customer’s attention is attracted, the salesperson then shows the benefits of the product to the customer, and finally closes the deal.

It is different from ABC analysis which is a technique that has been used in business management for a long time is the categorization of large data into groups.

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