accountingformanagement.com/production_budget.htm ) Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: The production budget is prepared after the sales budget. The production budget lists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be determined as follows. |
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What is Production Function? Definition and Explanation: ‚ Production of goods requires resources or inputs. These inputs are called factors of production named as land‚ labor‚ capital and organization. A rational producer is always interested that he should get the maximum output from the set of resources or inputs available to him. He would like to combine these inputs in a technical efficient manner so that he obtains maximum desired output of goods. The relationship between the inputs and
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FEATURES OF SERVICES In terms of economics‚ service is a transaction where no physical goods are transferred from the seller to the buyer. The benefits of services are held to be demonstrated by the buyer’s willingness to make the exchange. In terms of management‚ Service is a customer-focused approach in delivering information technology. Service Management focuses on providing value to the customer and also on the customer relationship. Some of the basic features of Services are: 1. Intangibility:
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Assof [1957]‚ he sees diversification as being one of four possible growth strategies of a business‚ these are; market penetration‚ market development‚ product development and diversification. Diversification is the final alternative; it calls for simultaneous departure from a present product line and present market structure. The main aim of diversification in a company is to allow the company to establish itself apart from its current operation. TYPES OF DIVERSIFICATION Concentric diversification
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SERVICE ENCOUNTER: Harry Beckwith mentioned service as “Selling the invisible”.(Barlett‚ 2001). Service encounter is a dealing in which one person supply a good or a service to another person. (for example selling a product‚ selling a service an appointment with a doctor etc..). There are different types of service encounters. Service may be direct contact services( like service in an hospital) or indirect contact services( like service produced in a call center). Examples: 1
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Towards Sustainable Household Consumption? What is Consumption? What is Sustainable Consumption? Why is household consumption important? Environmental pressures from consumption will intensify Driving forces behind consumption patterns What is the role of government in promoting sustainable consumption? Policies to promote sustainable consumption General policy framework on sustainable consumption Broad policy guidelines to promote sustainable household consumption Some Unresolved Policy Questions
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Service Innovation in Healthcare Marketing 410: Service Innovation Spring 2013 June 10‚ 2013 Cecily Quintana Table of Contents Abstract 3 Introduction 4 Defining Innovation in Healthcare 6 Literature Review 9 Innovative Solutions 9 Quick Care 9 Introducing Co-Creation into Healthcare Services 10 Healthcare Delivery Systems 13 The smart phone in medicine 13 The Importance of Context-Awareness Computing 14 Potential Models 17 A Conceptual Model 17 Experience Based
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Mass Production During the 1920’s‚ the United States industries and large businesses prospered greatly. Companies began to manufacture large quantities of their products using machines and a process known as the assembly line. This knew method was known as mass production. Mass production opened up many jobs for all types of people. For the first time women‚ immigrants‚ and African Americans were accepted into the work force. This time period marked a major change for women. It was found that more
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ANIMAL PRODUCTION MORPHOLOGY AND PHYSIOLOGY Obective: Student should be able explain the structutre and function of the digestive system of a bird STRUCTURE OF THE DIGESTIVE SYSTEM OF A BIRD Fowls have no teeth; they use their beak to take in their food. The food passes down through the oesophagus‚ to the crop where it is stored and moistens. The food then goes to the Proventriculus: The proventriculus secretes digestive juices which help to break down food. The Gizzard: The gizzard
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CUSTOMERS OPININON TOWARDS THE CONSUMPTION PATTERN OF CHOCOLATES Balaji.S Research Scholar‚ Sathyabama University & Asst.Prof. Deptartment of Management of Studies Jeppiaar Engineering College balajimbajeppiaar@gmail.com Vijayalakshmi M Research Scholar‚ Anna University & Asst.Prof. Department of Management Studies Jeppiaar Engineering College vijayamariappan@gmail.com Dr.S.Ramachandran Professor & Director‚Department of Management Studies ‚ Sri Sankara Arts and Science college‚ Chennai
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