The tertiary sector of the economy (also known as the service sector or the service industry) is one of the three economic sectors‚ the others being the secondary sector (approximately the same as manufacturing) and the primary sector (agriculture‚ fishing‚ and extraction such as mining). The service sector consists of the "soft" parts of the economy‚ i.e. activities where people offer their knowledge and time to improve productivity‚ performance‚ potential‚ and sustainability‚ what is termed affective
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Net Present Value/Present Value Index The management team at Savage Corporation is evaluating two alternative capital investment opportunities. The first alternative‚ modernizing the company’s current machinery‚ costs $45‚000. Management estimates the modernization project will reduce annual net cash outflows by $12‚500 per year for the next five years. The second alternative‚ purchasing a new machine‚ costs $56‚500. The new machine is expected to have a five-year useful life and a $4‚000
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Airlines and GoAir. All this was due to well planned service model and its efficient operations by its staff. SpiceJet has passenger service as well as cargo services on the same flight. It connects major cities in India including all Tier 1 cities and major tier 2 cities. It also has a few international flights. Cargo transportation accounts to major revenue creation but the brand name has been created due to its passenger transportation service model. SpiceJet has around 2500 employees on its roll
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Essay on Values and Discrimination Gerry McGachy Submitted on 18th December 2012 In this essay I would like to explain how social care values and principles influence practice and demonstrate to you my understanding of the causes of discrimination and its effects on people’s behaviours‚ experiences and life chances. Each individual has their own set of values and these values will guide and motivate us in our decision making. In a well established text on social work values‚ Sarah Banks
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SDLC Value Big Corporations and Health care organization are always looking to improve their information systems to save time‚ money‚ and people lives. One most used information system would be the System Development Lifecycle (SDLC). A system development can sometimes run over budget or the corporation and organizations will never receive full satisfaction if their goals are not accomplish. The many challenges they face or will face are; difficult to determine the requirements of a system
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Customer Value Proposition in Value Markets Business houses that are our customers are under constant pressure to cut down their cost. With this concern at the back of their mind‚ out of the sales pitch‚ they mainly concentrate on the price quoted to them. In such cases‚ the supplier needs to demonstrate the core value offerings/ benefits with extra vigor to persuade the customer to make the purchase. Marketing managers tend to neglect the real contribution of value propositions to superior business
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3G as a service Services Marketing Assignment Akshay Dongre | FT13304 The Indian Telecommunications Industry India boasts of the second largest telecommunication network in the world based on the total number of telephone users (both fixed and mobile phone). India has one of the lowest call rates in the world‚ backed by the huge telephone networks and the high level of competition amongst the service providers. India also boasts the world ’s third-largest Internet user-base with over 137 million
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What are ethics and values? Ethics and values can seem rather similar‚ but there is a basic difference. Values define one’s personal character while ethics stresses more of a system in which those values are applied or expected. In other words‚ ethics point to a standard of codes or rules expected to be followed by the group or organization to which the individual belongs. This could be anything from religion‚ clubs‚ the workplace or even family. So while a person’s values are usually unchanging
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1) Operations management refers to the direction and control of inputs that transform processes into products and services. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty: Easy Keywords: operations management‚ inputs‚ process‚ transformation 2) As a functional area of a business‚ Operations translates materials and services into outputs. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty:
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Customer Service What is Customer Service? Customer Service is any contact between a customer and a company that causes a negative or positive experience by a customer‚ it also means being able to exceed the needs and expectations of all their customers rather than just meeting them. “Excellent customer service is about creating a good impression: meeting the needs and exceeding the expectations of visitors‚ and making them feel welcome‚ excited and valued.” (http://www.rmg.co.uk) Who are
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