| Points Received: | 0 of 2 | | Comments: | | | | 2. | Question : | Doing something at the lowest possible cost is called: ________________. | | | Student Answer: | | Effectiveness | | | | Efficiency | | | | Productivity | | | | Evaluation | | | | Application | | Instructor Explanation: | Efficiency is defined on page 11 of the textbook. | | | | Points Received: | 2 of 2 | | Comments: | | | | 3. | Question : | The Goods-Services
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NSIC Project Profiles DAIRY FARMING 1. INTRODUCTION India derives nearly 33% of the gross Domestic population from agriculture and has 66% of economically active population‚engaged in agriculture. The share of livestock product is estimated at 21% of total agriculture sector. The fact that dairing could play a more constructive role in promoting rural welfare and reducing poverty is increasly being recognised . Milk production alone involves more than 70 million producers‚ each raising one
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MARGINAL PRODUCTIVITY THEORY: A theory used to analyze the profit-maximizing quantity of inputs (that is‚ the services of factor of productions) purchased by a firm in the production of output. Marginal-productivity theory indicates that the demand for a factor of production is based on the marginal product of the factor. In particular‚ a firm is generally willing to pay a higher price for an input that is more productive and contributes more to output. The demand for an input is thus best termed
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Realization Truly farmers are very serious in their work. When it is the time to plant‚ they will plant. When it is the time to apply fertilizer‚ they apply it on time. Just like students‚ whenever there is an assignment‚ we directly do it at homes in night. Whenever there is a project‚ we will submit it on time specifically on the deadline. As what we’ve think earlier about the hardworks of the farmers‚ we then came to asked ourselves‚ “Why government didn’t give much salary to our fellow
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The current issues facing China’s environmental problems: 1) China is on a growth path where energy consumption will grow rapidly. Securing energy source is an utmost important task. Currently‚ world consumption of coal is on the raise in absolute terms due to it’s low cost and availability. China will likely grow it’s consumption of coal (from xx to what yy level) between 201x to 20xx. CO2 emission from power plants will increase from xx billion tons to xx billion tons. This will put China
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(2015) there are approximately 70 billion farm animals raised for food consumption every year across the world. These types of farms dominate the U.S food production along with some other countries in the world. Factory farms employ abusive practices that increase profits at the expense
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Why is high productivity important for a nation? 2. Why do you suppose that service jobs have lower productivity than manufacturing jobs? 3. How can a company gain a competitive advantage by having higher productivity than its competitors have? Answer: high productivity important for nation because high productivity increase the economic level and also increase the living standard ...increase GDP of the country and give competitive advantage in the market ‚ productivity means to work with efficiency
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. PRODUCTIVITY IN PUBLIC ADMINISTRATION The issue of productivity management sometimes referred to as performance management is an area of great concern to public mangers. There are several strategies that can be used in public management but the selection and use of the most suitable one depends on the situation and the manager involved. Managers in the public sector are usually confronted with complex problems that require strategy thinking in order to find the most suitable way forward
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Definition of Productivity Productivity: Definition Productivity is the relationship between the outputs generated from a system and the inputs that are used to create those outputs. Mathematically P = O I PRODUCTIVITY is a broader concept that pertains to effective use of overall resources. One of the primary responsibilities of an operations manager is to achieve PRODUCTIVE USE of an organization’s resources. Systems Concept inputs Land people capital facilities equipment tools energy
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1.1.Introduction on Contract Farming Contract farming is defined as a system for the production and supply of agricultural produce under forward contracts between the companies (buyers) and the farmers (suppliers). The essence of such an arrangement is commitment on the part of both the buyer and the seller. The commitment of the suppliers/farmers to provide an agricultural commodity of certain type and quality at a specified time and place and in the quantity required by the company(buyer)
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