Factors of Production 1. Land 2. Labor 3. Capital (Money) is not actually considered as capital in economics as it does not produce a good and service but it is rather a form of asset that is used as a medium of exchange. 4. Entrepreneurship The 3 E’s in ECONOMICS 1. Efficiency refers to productivity and proper allocation of economic resources. 2. Equity means justice and fairness. 3. Effectiveness means attainment of goals and objectives. Types of Economic Systems To address
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the Internet) into large‚ meaningful projects‚ mostly without traditional hierarchical organization.” Example can be facebook and other online communities. 10. 1st Industrial revolution: mechanization of the textile industry began in Britain. 2nd industrial revolution: in Amercia with the era of mass production. 3rd industrial revolution: everything goes digital‚ less labor‚ no economies of
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paying taxes‚ employing large number of general public. 2. Objectives of the Study The basic or main purpose of report is to learn practical knowledge about business world for balancing the gap of our industrial policy in the modern job market. The main objectives of this industrial tour are pointed below: ❖ To know about the company profile; ❖ To gather practical experience about production process of BSRM Steels Limited. ❖ To know how to maintain quality of the product by a
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BUSINESS LAW IN RELATION WITH INTELLECTUAL PROPERTY Academic School Year 2013/2014 TRADEMARKS AND INDUSTRIAL DESIGNS I. TRADEMARKS history and definition have always existed - many examples in History (craftmen...) distinctive sign which identifies certain goods or services as those produced or provided by a specific person or firm. type of industrial property what does a trademark do? provides protection to the owner of a mark by ensuring the exclusive right to use it to identify
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eight-week summer internship at a large-scale fastener making industry. - Sundram Fasteners Ltd‚ Chennai. I worked on the design of an autoloader for grinding machines in the Special Purpose Machine department. This first industrial experience has envisaged in me‚ the importance of Industrial Engineering and spurred me to consider this as my career and future. Among the various core courses I did in my senior year‚ I particularly enjoyed optimization and operations research. Other courses like Design
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Industrial People‚ Industrial Fashion Karsen McKinney History 112: Origins of the Modern World April 17‚ 2013 Debates are still raised about whether or not the positive outcomes of the Industrial Revolution were worth the struggles faced during the time period. Fashion reflects its time period; therefore‚ by looking at the fashion of a time one can understand the motives‚ lifestyles‚ and productivity of the time period. By analyzing the fashion industry as a whole from 1780-1860—trends‚ trades
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1566 Words Essay on Industrial Revolution in India by Dipti digg In any country‚ be it least developed under developed or advanced‚ the industrial sectors from the sheet anchor for the generation and development of country’s productive forces. There is a strong case for industrialization of countries like India which has vast manpower‚ large and varied resources and continental dimensions. The first plan was not as important as far as industrial development is concerned. Of the total
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There are many different life factors that affect the way a person develops and acts. When a person is going through their different stages of development‚ factors that are around them can define the way they are. Major life events may also have an influence on the way the person develops through the life stages. In this essay I am going to discuss the effects of five different life factors and also two predictable and two unpredictable major life events‚ which may affect the development of an individual
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FACTOR ANALYSIS Factor analysis is a general name denoting a class of procedures primarily used for data reduction and summarization. It is used in the following circumstances: • To identify underlying dimensions or factors‚ that explains the correlations among the set of variables. • To identify new‚ smaller set of uncorrelated variables to replace the original set of correlated variables in subsequent multivariate analysis. • To identify smaller set of salient variables from a larger set for
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been constituted under the Road Transport Corporation Act‚ 1950. The respondent which is a Trade Union of the appellant-Corporation‚ filed an Application before the Labour Court‚ Dehradun under Section 11-C of the U.P. Industrial Disputes Act‚ 1947 read with Section 13A of the Industrial Employment (Standing Orders) Act‚ 1946‚ praying for a declaration that the 15 persons who were appointed on contract basis as ’drivers’ and ’conductors’ as shown in the annexed chart‚ be declared as regular and substantive
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