In management , what is the "Turnover "," Turnover at cost price " and " Budget ".

Answer 1

Turnover can mean 2 different things. One, it can mean the rate employees quit. In your case, I think you mean inventory turns. This is the number of times per year you turn your inventory.

Turnover at cost price is selling inventory at what it cost you ... no profit.

Budget is your financial plans .. plans for revenues and costs.