or want is called Good. 2) Services Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything‚ is called Service. Difference between Goods & Services There are various differences between goods and services but they can be classified on the basis of the following heads: 1) On the basis of Characteristics 2) On the basis of Offering 1) On the basis of Characteristics The
Premium Management Strategic management Organization
DIFFERENCE BETWEEN BENEFITS AND INCENTIVES INCENTIVES DEFINITION An additional payment (or other remuneration) given to employees as a means of increasing output. * Increasingly‚ MNCs these days are designing special incentive programmes for keeping expatriates motivated. In the process‚ a growing number of firms have dropped the ongoing premium for overseas assignments and replaced it with a one – time‚ lump-sum premium. The lump – sum payment has at least three advantages:
Premium Motivation Incentive program
What are the Difference between Laptop and Netbook? So what is the difference between laptop and netbook? A laptop (also called a notebook) is computer which has been designed to be made portable‚ featuring a screen hinged to a keyboard. A laptop includes a battery for portable power and a touchpad instead of a mouse for input. Mini laptops (also called a netbook‚ subnotebook or ultraportables) take these ideas further still‚ creating a new market above handheld computers‚ smartphones and personal
Premium Netbook Laptop Mobile phone
following. • Describe the different types of gear systems. • Describe a simple gear train. • Describe a compound gear rain. • Describe three types of epicyclic gear boxes • Solve gear box ratios. • Calculate the input and outputs speeds and torques of gear boxes. • Calculate the holding torque on gear box cases It is assumed that the student is already familiar with the following concepts. • Angular motion. • Power transmission by a shaft. All these above
Premium Gear Epicyclic gearing Transmission
The role of input and interaction in SLA Terminology input –any language directed at the learner intake –the portion of input that learners notice and therefore take into temporary memory. Intake may subsequently be accommodated in the learner’s interlanguage system (become part of long-term memory). However‚ not all intake is so accommodated. output –what the learner produces (spoken & written language) and how much he understands from the input input → intake → output views on the
Free Linguistics
1 P: 219 Explain the difference between short run and long run production function; cite one example of this difference in a business situation. The short run production function shows the maximum quantity of a good or service that can be produced by a set of inputs‚ assuming the amount of at least one of the inputs used remains unchanged. While a long run production function shows the maximum quantity of a good or service that can be produced by a set of inputs‚ assuming the firm is free
Free Economics Harshad number
entire difference between economic form of both north and south is the fundamental reason that lead to the war. The north’s economy was based on commerce and capitalism.They built industrial factory and produced mechanical components.So they didn’t need much slave because local people could handle the work needed for the industrialized production.However‚ the south’s economy was largely based on agricultural manufacture—cotton.Being the biggest part of sectionalism‚ economic difference increased
Premium Slavery in the United States American Civil War Slavery
also reached through franchising some popular brand such as McDonald’s‚ KFC and Mio Amore. DIFFERENTIATION BETWEEN GOODS AND SERVICES There are certain essential differences between services and goods. Firstly‚ services are an intangible process which cannot be weighed or measured‚ whereas goods are a tangible output of a process that has physical dimensions. The basic differences between goods and services are as follows: 1. Goods are the material items that the customers are ready to purchase
Premium Service Service system Goods
Production Analysis unit 5 Unit 5 Structure 5.1 5.2 Introduction Objectives Meaning of production and production function 5.2.1 Uses of production function 5.2.2 Production function with one variables input case 5.2.3 Production function with two variable input 5.2.4 Long run production function 5.2.5 Economies of scale 5.2.6 Diseconomies of scale 5.2.7 Internalisation of external economies 5.2.8 Externalisation of internal diseconomies 5.2.9 Economies of scope
Premium Economics of production Economics Microeconomics
Dear Deb and colleagues‚ The difference between a manager and a leader is that the former ensures control and rationality‚ her/his focus is on day to day problem solving‚ best means in achieving results for staff to continue to contribute to the organisation (Zaleznik‚1992) . While a leader uses power to influence actions and people‚ focusing more on outcomes and impact‚ where this action has inherited risks such as the risk of losing self- control in the need for power (Zaleznik‚1992). While leaders
Premium Management Risk Problem solving