and Tricare‚ and the privately insured. Each group has their own set of characteristics which majorly define them‚ or which they majorly define. Carefully examining some of the characteristics of each group help to determine other characteristics‚ such
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CHARACTERISTICS OF SERVICES The services have unique characteristics which make them different from that of goods. The most common characteristics of services are: Intangibility. Inseparability. Perish ability. Variability Intangibility Services are activities performed by the provider‚ unlike physical products they cannot be seen‚ tasted‚ felt‚ heard or smelt before they are consumed. Since‚ services are not tangibles‚ they do not have features that appeal to the customer’s senses‚ their
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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CHARASTERISTICS OF SOCIETY society is groups of people who live in a certain domain and behave according to existing culture and morality. Culture and morality differ in terms of different parts of a society and different types of societies as well. The types have already been shaped by anthropologists and sociologists in history but there is not one certain classification. Even though almost every type is determined‚ there are six types of society that are accepted by the sociologists. The classification
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The Electronic Communications and Transactions Act 1. Introduction The emergence of personal computers that are portable during the 80’s and 90’s changed the way companies conducted their business. There was the whole move from files and files of paper to electronic databases. Although this move was a significant step in simplifying the way business was conducted‚ it did not create any new spaces and channels for marketing and sales people to exploit. Customers were still limited to buying goods
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Characteristics of a Co-operative A co-operative is broadly defined as a business that is owned and independently managed by its members who utilizes its services‚ and obtain benefits that are shared equally based on use of its services. Members gain in two ways from the cooperative: first‚ earnings are paid to members depending on the sum of businesses they conduct with the cooperative and second‚ members receive more services based on the frequency at which they use the cooperative. Normally‚
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Investigation Into Four Characteristics of Services Russell Wolak‚ Stavros Kalafatis and Patricia Harris* Kingston Business School Kingston Hill Kingston upon Thames Surrey KT2 7LB Phone 0181 547 2000 Fax 0181 547 7026 E-mail p.harris@kingston.ac.uk ABSTRACT This study replicates US-based research by Hartman and Lindgren on the extent to which consumers differentiate between products and services. In addition‚ Hartman and Lindgren investigated the importance of four characteristics of services to consumers;
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5 Answer: 1/1.5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and
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Definition of Spiritual Leadership Spiritual Leadership involves intrinsically motivating and inspiring workers to hope/faith in a vision of service to key stakeholders and a corporate culture based on the value of altruistic love to produce a highly motivated‚ committed and productive workforce. The purpose of spiritual leadership is to tap into the fundamental needs of both leaders and followers for spiritual well-being. To create vision and value congruence across the individual‚ empowered
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WOMEN IN POLITICS: Voter‚ Party and Candidate Characteristics Influence on Women’s Outcomes in Congress Mikayla N. Titus Women’s involvement in politics is something we see common in today’s world‚ but it never used to be like this. In 1917‚ capitol hill saw a major change with the induction of the first female Representative‚ Jeannette Rankin of Montana. Ever since‚ women have been more actively involved in our political system. Currently there are 104 women that hold seats in Congress which make
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