ANALYSIS OF RESPONSIVENESS VS EFFICIENCY IN SUPPLY CHAIN MANAGEMENT OF PERISHABLE ITEMS A firm’s ability to satisfy customer requirements in a timely manner is referred to as Responsiveness‚ while efficiency is a firm’s ability to deliver goods in accordance with the customer’s expectations with least wastage in terms of raw materials‚ labour and cost. While choosing what supply chain process is to be used‚ the choice one has to make is between responsiveness and efficiency.It is Extremely vital
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Why firms go international? There are many reasons can promote firms go international‚ includes the domestic market saturation‚ end of PLC in domestic market‚ geographic diversification‚ to gain the economies of scale‚ stiff competition in domestic market and absence of competitors overseas etc. 1. Some firms go international in order to gain the economies of scale. As a research has pointed out that a doubling of output can reduce the production costs by up to 30 per cent. This is very obvious
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Independence of outside audit firms has been an ongoing issue for a long time in the US corporate world. The fundamental problem arises for the lack of clarity about whom does the audit firm really works for‚ the shareholders or the client company. According to Anandarajan et all (2008)‚ this lack of clarity has resulted in auditor’s independence being impaired. In the US‚ the client hires‚ pays‚ and fires the auditor and therefore‚ the culture of the auditors serving at the pleasure of the client
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Microsoft and market expanding against the driving competitors. This essay will classify and explain both the cause and effects of the problems‚ and then the possible solutions will be discussed. Finally a conclusion will be given. In the early 1990’s‚ Apple’s distant lead in graphical computing began eroding quickly. Microsoft worked to made incremental progress in developing the entirely new Windows operating system. During the rise of Windows‚ Apple seemed content to rely on its existing‚ established
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The writing process does not end with your first draft. Revising means “seeing again” and that is exactly what you do when you revise—you see your writing again from as many different angles as possible. More specifically‚ revising your writing means working with it so that it says exactly what you mean in the most effective way. Revision involves both content (what you are trying to say) and form (how you deliver your message). Revising content consists of working with your words until they express
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abiding faith in their government and political leaders. The multitude of social issues that relentlessly plagued the 60s and automatically continued into the 70s was responsible for creating the cultural transformations of the 70s. The cultural changes of the 70s were too numerous to discuss all of them thoroughly. Therefore‚ the one to be discussed
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RUNNING HEAD: THE 1950’s AND 1960’s 1 The 1950’s and 1960’s Tracy Ladner Mississippi University for Women History 110 RUNNING HEAD: THE 1950’s AND 1960’s 2 The 1950’s and ‘60’s was a time of great growth and change for America. Some called it “The Golden Age” (Brinkley‚ 2012‚ p.779). For the most part there was prosperity and advances
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people were not aware of. Immigrants looked at America as a new start and endless opportunity’s‚ what they did not know was they weren’t welcomed by the natives and poverty would plague them. At the end of the nineteenth century immigration began to change. In the past a majority of the immigrants were from Ireland‚ Great Britain and Germany‚ now a majority were coming from Italy‚ Hungry‚ and Russia. This shift in immigration made the native people uneasy and bitter. As the immigrants poured off the
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employment stability. In 1991‚ the Indian government liberalized the economy‚ thus changing the competitive landscape. Family businesses‚ which dominated Indian markets‚ now faced competition from multinationals that had superior technology‚ financial strength and deeper managerial resources. Thus‚ Indian businesses had to change their focus and re-orient their outlook outward. A few existing Indian business families adapted to the new economic policy while others struggled. Key observations from
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Firm Entrepreneurship and Measures of Firm Entrepreneurship Activity The main hypothesis of the economic theory of entrepreneurship is that in the economy firm entrepreneurship contributes to production through the combination of the existing productive factors. Innovation and firm entrepreneurship are found to have positive economic effects mainly in terms of employment opportunities‚ taxation revenues and economic output. The measurements of these positive effects provide the basis of international
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