TEN STRATEGIC OM DECISION 1. Supply-chain management – It talks about the threshold questions such as “what is to be made” and “what is to be purchase.” In this case‚ buyer and seller relationship exists. Mutual trust and confidence are present between the seller and buyer which are vital for a transaction to be closed of successful. 2. Scheduling – it talks about feasible and efficient schedule of production such as proper allocation of time that is segregated from one activity to another
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309.1.2 Supply and Demand 1) Discuss elasticity of demand as it pertains to elastic‚ unit‚ and inelastic demand. a) Elasticity of demand are circumstance at which a good or service varies according to prices. These circumstances measures consumers reaction and how they respond to the changes in price by changing the quantity demanded. (PE-of-D = (% Change in Quantity Demanded/% Change in Price)) – When the price for a number of units decreases from positive units pre-dollars to negative
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grasping at its target; the fishermen in delicate fishing boats seem to have no chance against the water. Hokusai uses implied lines seen with the course of the ‘falling’ sea foam. These lines suggest gravity and the direction of seas surface. The horizon also shows implied line where the form of Mount Fuji and the sky meet; the implied line also gives the prints an atmospheric perception. Though‚ Hokusai primarily uses outline. He does this to portray the shape of many forms displayed. This is seen
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and cash. The asset allocation that works best for an investor at any given point in his life depends largely on his time horizon and his ability to tolerate risk. Time Horizon – The time horizon is the expected number of months‚ years‚ or decades that an investor will be investing his money to achieve a particular financial goal. An investor with a longer time horizon may feel more comfortable
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Coral reefs are a highly complex and diverse habitat‚ supporting a wide array of marine species. These particular structures also play an important role in the global economy through their involvement in different industries‚ especially fishing and tourism. However‚ over the past several decades‚ the influx of anthropogenic carbon dioxide (CO₂) as a result of mass fossil fuel combustion has resulted in the global degradation of these economically and ecologically crucial habitats. The key process
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dropped from the second to the fourth largest of the four major oil companies by 2013 5. It was a massive spilling the Gulf of Mexico‚ the largest offshore spill in U.S. history. It was a result of the well blowouts that began with the Deepwater Horizon drilling rig explosion on April 20‚ 2010‚ At
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impact on the environment and the livelihood of those in Gulf Coast area of Louisiana‚ Mississippi and Florida. BP’s Deep-water Horizon oil rig was located offshore‚ 52 miles off the southeast coast of Venice‚ Louisiana. An explosion on the Deep-water Horizon oil rig caused a massive fire that claimed the lives of eleven BP workers. After 36 hours of burning‚ the Deep-water Horizon oil rig sunk to the bottom of the ocean and during this time there were different accounts of how much oil was leaking‚ if
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the simple interest of snapping a shot of these scenes gives me a sense of satisfaction. In addition‚ The experiences have increased my community attachment‚ widened my horizons and exerted a positive impact on my personal growth. I also joined a study tour to Australia during the summer holidays. It certainly broadened my horizons. I spent around three weeks with my host family‚ which gave me an insight into the lifestyles of Australian. The reason why I went to Australia was to strengthen myself
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The role of government in fostering intermodal transport innovation: Freight transportation systems are very important all over the world and are considered to be very significant to the world for regional and local economies (Konings & H. Nijkamp‚ 2008). The author has explained that using 1994 gross national product numbers freight transportation made 6.3 per cent of total expenditure (Knoning & H. Nijkamp‚ 2008). Freight transportation represents a percentage of total expenditures 38.52 per
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What are the selection and training policies of your company? In what ways do you think they could be improved? Selection of John Lewis Selection is the process of interviewing and evaluating candidates for a specific job and selecting an individual for employment based on certain criteria. The selection can range from a very simple process to a very complicated process depending on the firm hiring and the position. Certain employment laws such as anti-discrimination laws must be obeyed during
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