Concept of Cost of Production: Definition and Meaning: By "Cost of Production" is meant the total sum of money required for the production of a specific quantity of output. In the word of Gulhrie and Wallace: "In Economics‚ cost of production has a special meaning. It is all of the payments or expenditures necessary to obtain the factors of production of land‚ labor‚ capital and management required to produce a commodity. It represents money costs which we want to incur in order to acquire
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concept has helped in the development of new products and services and also specialization in selling is being attained. With the development of new markets and new avenues of selling. A wide variety of consumer and producer goods has been profession. The developing nations are giving much importance for marketing to develop their internal and external markets. Even the socialist countries have started studying the marketing concept in a scientific ways to introduce them actively in their internal distribution
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The Environmental Impact of Tourism on Hawaii and its Natives By: Rylee Blair As skiers‚ hikers‚ sightseers‚ beachgoers and travelers pack their bags and head out for their vacations‚ they probably never even consider that what they are about to embark upon happens to be the largest industry in the world. Millions of people travel domestically and internationally each year to experience places and things that are totally out of their ordinary lifestyle and to get their minds off the hustle
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TOU2002 – Tourism Impacts and Sustainability Topic: Socio-Cultural impacts of tourism Tourism considered as global phenomenon which is carried out by persons itself. This naturally results in meeting of different culture‚ economy‚ progress‚ status‚ etc. round the globe. Human being considered as social animal cause’s significant social culture impact by tourism. According to Teo (1994) impacts are defined as “change in value system‚ moral‚ conduct‚ individual behaviour‚ relationship
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Chapter One 1. Introduction Lumbini‚ the birth place of Lord Buddha‚ is situated about 22 km. from Bhairahawa (Siddharthanagar)‚ below the Churia range‚ 24 km. south from the foothills of the Himalayas‚ on the western bank of Telar river in Rupandehi district of Lumbini zone in Nepal. It is about 300 km. west of capital city Kathmandu. Kapilvastu‚ Rupandehi and Nawalparasi Terai districts of Lumbini Zone are around Lumbini‚ the birth place of Lord
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Environmental Impacts of Tourism * The history of tourism closely shows that the environment has contributed to the birth and progress of tourism. * The term “environment” connotes both human and physical characteristics. Speakers and writers often refer to human environment‚ physical environment or a combination of both. * A term that describes the human and physical characteristics of an area is preexisting forms. BENEFITS 1. Environmental Awareness Tourism has created environmental
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Purchasing Luxury Goods: consumer behaviour of international students in the UK By SRICHAN SRIVIROJ 2007 A Dissertation presented in part consideration for the degree of MSc in International Business. i Acknowledgement I would like to express my deepest sense to my supervisor Dr. Nick Ellis for his patience‚ time‚ and guidance. I am also in debt for his valuable time in scrutinizing through this study‚ which could have never been accomplished without his excellence advice
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Annexure 1c: ANOVA Table for Regression Analysis 5 Annexure 2a: Questionnaire for Exploratory Research 5 Annexure 2b: Final Questionnaire 5 Executive Summary The project focused on finding out the Online Buying Behaviour of consumers between the age group of 18-30 years. The stated objective of the study was further broken down to secondary objectives which aimed at finding information regarding the popular product categories‚ frequency of purchases‚ average spending‚
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Abstract This essay reviews the implications of selective perception‚ perceived quality and perceived risk on two premium brands of male cologne. The two brands chosen were Fahrenheit by Christian Dior and Boss by Hugo Boss. Consumers often unintentionally use selective perception to sift through stimuli and concentrate on stimuli that meet their needs‚ desires‚ interests. Each brand of cologne is perceived differently because of the varying nature of the ‘stimuli’ itself‚ experiences
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15‚ 157–170 (2006) Published online in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/bse.524 Sustainability: Consumer Perceptions and Marketing Strategies Seonaidh McDonald1* and Caroline J. Oates2 1 Aberdeen Business School‚ The Robert Gordon University‚ UK 2 Management School‚ University of Sheffield‚ UK ABSTRACT Studies of green consumer behaviour‚ in particular purchasing and disposal‚ have largely focused on demographics and/or socio-demographics‚ with mixed and frequently
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