development or production that is used to improve efficiency and communication’. Also UNESCO’s 1985 definition of technology – ‘Technology as ‘the know-how and creative processes that may assist people to utilise tools‚ resources and systems to solve problems and to enhance control over the natural and man-made environment in an endeavour to improve the human condition’. Technology has impacted social communities in varieties of ways and is continually to improve; but as technology emerges both negative
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CHAPTER 1: THE THEORETICAL FRAMEWORK OF DISTRIBUTION SYSTEM AND DISTRIBUTION CHANNEL MANAGEMENT 1.1 Overview about distribution and distribution channel 1.2.1 Concept‚ roles and purpose of distribution 1.2.2.1 Distribution Distribution is the process of making a product or service available in the right quantities and locations when customers want them‚ using direct means‚ or using indirect means with intermediaries. (Willam D. Perreault) It’s a movement of goods and
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Haslett discusses the problem of inheritance undermining the economic theory of capitalism. He acknowledges wide gaps in the distribution of income‚ but introduces even larger gaps in the distribution of wealth as a greater problem. Haslett supports this accusation by proving inheritance conflicts the three most important values of capitalism. He proposes to readjust balances of wealth in America by abolishing inheritances. Inheritances violate capitalistic ideals of distribution according to productivity
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The unequal distribution of wealth has always been a huge problem that has plagued society throughout the ages. As forms of governments of each nation have changed‚ the unequal distribution of wealth has remained a constant. Even in Communist countries‚ which were supposed to eliminate this problem by abolishing the private ownership of land‚ the unequal distribution of wealth was still a problem in their society. It is difficult for society as a whole to make advancements‚ because of the unequal
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ISSN: 2319-5967 ISO 9001:2008 Certified International Journal of Engineering Science and Innovative Technology (IJESIT) Volume 2‚ Issue 4‚ July 2013 Intelligent Shopping Cart Raju Kumar1‚ K. Gopalakrishna2‚ K. Ramesha3 Abstract— An innovative product with societal acceptance is the one that aids the comfort‚ convenience and efficiency in everyday life. Purchasing and shopping at big malls is becoming daily activity in metro cities. We can see big rush at these malls on holidays and weekends
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ANSWERS TO QUESTIONS 1. Sustainable income is defined as the most likely level of income to be obtained in the future. It is the amount of regular income that a company can expect to earn from its normal operations. In order to distinguish a company’s net income from its sustainable income‚ irregular items‚ such as a once-in-a lifetime gain or discontinued operations‚ are reported separately on the income statement. 2. Items (a)‚ (d)‚ and (g) are extraordinary items; item (h) is debatable
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SAMPLING DISTRIBUTIONS |6.1 POPULATION AND SAMPLING DISTRIBUTION | |6.1.1 Population Distribution | Suppose there are only five students in an advanced statistics class and the midterm scores of these five students are: 70 78 80 80 95 Let x denote the score
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Examination Paper of Logistics Management IIBM Institute of Business Management Examination Paper MM.100 Distribution & Logistics Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part one carries 1 mark each & Part Two carries 5 marks each. Part One: Multiple Choices: 1. It deals with the movement of finished goods from the last point of production to the point
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(2) (c) Explain briefly why mathematical models can help to improve our understanding of real-world problems. (2) Jan 2001 3) A fair six-sided die is rolled. The random variable Y represents the score on the uppermost‚ face. (a) Write down the probability function of Y. (b) State the name of the distribution of Y. (2) (1) Find the value of (c) E(6Y
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insight has not only undermined the traditional view of vertical restraints‚ but also posed a challenge to economic theory. Why would manufacturers impose competition-reducing constraints (such as exclusive dealing‚ territorial exclusivity‚ selective distribution‚ etc.) on retailers if these increase the profits of retailers at the expense of manufacturers? The economic literature has studied this question extensively‚ and identified several efficiency reasons why manufacturers may want to guarantee downstream
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