Logistics is the management of goods from point of origin to destination. There are many things to take note of in the current logistics world. Consumers have become more and more demanding due to advanced technology. Advanced technology has brought much convenience to consumers which cause them to demand for fast delivery‚ customization of product and so on. Consumers have different needs and wants and logistic people need to find ways to satisfy those needs and wants. Logistics is essential to
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PRINCIPLES OF MACROECONOMICS LECTURE 1: INTRODUCTION Definition of Macro economics Macroeconomics is the study of the behaviour of large collections of economic agents (aggregates). It is the study of the economy as a whole. It focuses on explaining economic changes that affect many households‚ firms‚ and markets simultaneously. Some of the important macroeconomic questions are: Why is income high in some countries while it is low in others? why do prices rise rapidly sometimes and are stable at
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Macroeconomic Forecast Pfizer‚ Inc. March 14‚ 2005 Abstract This paper is a Macroeconomic Forecast Outline of Pfizer‚ Inc. This outline will identify main economic indicators for Pfizer as a business entity and as a representative of pharmaceutical industry. This paper will identify sources of various data collected based on economical activity and relationships between different economical indicators. Main Economic Indicators The purpose of economic indicators is to provide for researchers
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EC301 Open-Book Midterm Exam (Weight 110 points) 1. (7 points) How are presidential election outcomes related to the performance of the economy? 2. (7 points) Discuss the difference between Microeconomics and Macroeconomics. 3. (10 points) Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. “In 1933 net private domestic investment was minus $6 billion. This means that in that particular
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ECO/372 Macroeconomic Terms and Concepts Macroeconomics study’s the overall level of production in the economy. “Economists assess the success of an economy’s overall performance by studying how it could achieve high rates of output and consumption growth” (Macroeconomics‚ 2008‚ para. 5). In the following paragraphs‚ various aspects of macroeconomics will be analyzed. First‚ the United States (U.S.) functions as a market economy and is affected by fluctuations in production output levels
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| INTRODUCTION TO ECONOMETRICS | Macroeconomic Indicators | | Abstract The purpose of this report is to identify whether a relationship exists between macroeconomic variables and stock exchange returns in the Pakistani capital market. The techniques of multiple linear regression will be applied to understand if there is indeed a link between the two. The time series data being analyzed is on a monthly basis and spans from January 2003 to January 2009. The indicators taken as the independent
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third-party logistics provider (abbreviated 3PL‚ or sometimes TPL) is a firm that provides service to its customers of outsourced (or "third party") logistics services for part‚ or all of their supply chain management functions. Third party logistics providers typically specialize in integrated operation‚ warehousing and transportation services that can be scaled and customized to customers’ needs based on market conditions and the demands and delivery service requirements for their products and
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Your Next Growth Driver is Testing Services The business confidence across the globe looks much healthier than it was in 2013. As the fears over the fiscal cliffs in the US‚ public debt in Europe‚ choked GDPs in Asia are abated‚ growth engines across all the industries are revving up. The burning need to increase the efficiencies and competitiveness‚ to adopt the modernization‚ to retain the customers anytime – anywhere is re-propelling the investments in the IT sector. Gartner’s worldwide dollar-valued
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IIBM Institute of Business Management Examination Paper MM.100 Logistics Engineering and Management Section A: Objective Type (30 marks) This section consists of Mixed Type questions & Short Answer type questions. Answer all the questions. Part One questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple Choices: 1. Analysis method in which evaluation of alternative design configuration using multiple criteria is a. Level of repair analysis b. Maintenance
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THE FUNDAMENTAL OF LOGISTIC MANAGEMENT AND STRATEGY Xi-Er Dang Abstract This paper provides a basic but fundamental understanding of logistic primarily based on the book of “Logistics Management and Strategy” by Harrison and van Hoek. It will guide you through from the basic definition and concepts to the different supply chain strategies that exist‚ as well as providing a perception on the future logistic development. Explanation of principal terms like logistic‚ supply chain management and
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