“Demand for Industrial Products is derived”. Explain and also how would you estimate the demand for compressor for refrigerators and air conditioners? Industrial marketing - definition Industrial marketing consists of all activities involved in marketing of products & services to organizations i.e. commercial enterprises‚ profit & not for profit institutions‚ government agencies‚ & resellers‚ that use products & services in the production of consumer or industrial goods & services‚ & to facilitate
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War. It was directed by Roland Emmerich and starred Mel Gibson as well as Heath Ledger and Joely Richardson. It has had three Oscar Award nominations and has won ten other awards. When the film was released it received much attention‚ criticism‚ and controversy‚ mostly for its historical accuracy (Glancy‚ Mark). The film The Patriot is not historically accurate because of the depiction of British soldiers‚ the way in which people saluted in the film‚ and the way in which Benjamin Martin was depicted
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The law of demand states that‚ all other things being equal‚ the quantity of a good or service is a function of price. In general‚ that means less is bought at higher prices‚ and more is purchased at lower prices. This definition makes sense -- you only have so much money to spend‚ and if the price of something goes up‚ you can afford less of it. The demand schedule tells you exactly how much of the good or service is bought at any given price. This relationship is portrayed by the demand curve‚ where
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Integrated Planning – Module 2 1 Agenda • Forecasting‚ • Factors influencing Demand • Basic Demand Patterns • Basic Principles of Forecasting • Principles of Data Collection • Basic Forecasting Techniques‚ Seasonality • Sources & Types of Forecasting Errors Forecasting can be conducted at various levels Strategic Required for • Product life cycle • Long-term capacity planning • Capital asset/equipment/ human resource management Examples • Product line transitions • Annual volume out
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government function together in an effort to sustain prosperity within an economy through its production‚ distribution and spending habits or how the community consumes money‚ materials‚ services‚ etc.‚ within a community or country. The economy is divided into two separate parts: Microeconomics (the study of behaviors concerning decision-making or demands of consumers) and Macroeconomics (the study of behaviors concerning financial changes or trends within the community or country). The purpose
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The first juvenile court was established in Chicago‚ Illinois in 1899 when the question presented itself whether or not juvenile offenders should be tried and sentenced differently then adult offenders. (Anderson‚ 1998) This is one of the reasons that the juvenile system was developed. Legislatures felt that’s the offenders age and maturity level be taken into consideration and that rehabilitation be the main focus of juvenile offenders. Physiatrist offered the facts that during adolescence‚ the
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Forecast for Medicare Reform Nina Brown American InterContinental University Health Policy/HCM620/Unit 3 September 23‚ 2012 Forecast for Medicare Reform Introduction From the time when Medicare was passed in 1965‚ it has delivered health care insurance to millions of elderly and disabled Americans. As effective this government program has survived‚ it is not progressing with the huge developments in the health care business such as with the prescription drug assistances
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There are many definitions‚ types‚ and uses of horses. There are public opinions‚ Webster’s definitions‚ and scientific definitions of what a horse is and there are many types of horses. Some of those horses being‚ a Mustang‚ an American Quarter Horse‚ and an Akhal-Teke. These horses all have many characteristics and are used for many things such as‚ entertainment‚ companionship‚ and pleasure in general. Some public opinions that people have on the definition of horses are‚ that they are just animals
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Why do forecasts fail? How do you recommend improving the results? What tools would you use? These are very important questions that you should ask yourself when making‚ monitoring‚ and updating a forecast. The answers to these questions will help you make a more accurate forecast or help you update or fix a forecast that may already be in place. Forecasts in their own nature are expected to have some type of error but with the correct techniques it can be measured and monitored. Some factors
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PAPER FIRST SEM MBA MANAGERIAL ECONOMICS “Kinds Of Elasticity Of Demand” “Factors Influencing Elasticity Of Demand” GROUP 2 ROLL NO | NAME | 7 | PRAVEEN KUMAR K L | 8 | PRAVEEN R | 9 | PRITHVI LINGH HONNESH | 10 | PRITHVI P M | 11 | PRIYA DARSHINI B A | 12 | PRIYANKA JAHAGIRDAR | ------------------------------------------------- ABSTRACT From the managerial point of view‚ the knowledge of nature of relationship between demand and
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