application of new and improved technologies. Having read the chapters from Lovelock‚ Wirtz‚ Key & Lu (2005) and Masterson & Pickton (2010)‚ what concepts or ideas relating to services marketing did you find most difficult to understand and why? Answer: In my opinion‚ the most difficult to understand concept is “People are often part of the product”. The difference between ones service and another often lies in the quality of employees who serve the customers. Service firms need to devote special
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Flame resistance is the characteristic of a fabric that causes it not to burn in air. Flame resistance is often confused with flame retardant which is a term used to describe a chemical substance that imparts flame resistance on fabric. The most commonly used test method for measuring flame resistant (FR) fabrics is ASTM D6413* Standard Test Method for Flame Resistance of Textiles (Vertical Test) (formerly; Method 5903.1 of Federal Test Method Standard 191A). The test uses an enclosed cabinet in
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General Knowledge Questions Answers No. General Knowledge Question 01 The first Prime minister of Bangladesh was Mujibur Rehman 02 The longest river in the world is the Nile 03 The longest highway in the world is the Trans Canada 04 The longest highway in the world has a length of About 8000 km 05 The highest mountain in the world is the Everest 06 The country that accounts for nearly one third of the total teak production of the world is Myanmar 07 The biggest desert in the world
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ANSWERS TO END-OF-CHAPTER QUESTIONS 14-2 The two principal reasons for holding cash are for transac¬tions and compensating balances. The target cash balance is not equal to the sum of the holdings for each reason because the same money can often partially satisfy both motives. 14-4 The four elements in a firm’s credit policy are (1) credit standards‚ (2) credit period‚ (3) discount policy‚ and (4) collection policy. The firm is not required to accept the credit policies employed by its
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HSC Diploma Level 2 Unit 233 Meet food safety requirements when providing food and drink for individuals Please answer the following questions in as much detail as possible‚ and use a different colour to make your answers stand out. Put your name and date on the completed work and send to your assessor. 1. Identify potential food safety hazards when preparing‚ serving‚ clearing away and storing food and drink Potential food safety hazards when preparing‚ serving‚ clearing away and storing food
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National Institute of Business Management Chennai - 020 FIRST SEMESTER EMBA/ MBA Subject : Marketing Management Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. Explain the modern developments in the concept and practice of marketing. In the modern times‚ the marketing concept and as a result the practice of marketing management have continued to evolve and develop and will continue to do so in future owing to the rapid
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Panno del Casentino (Casentino cloth) is a traditional wool fabric‚ typical of Casentino. The fabric is fulled (felted) to make it waterproof and teaseled to obtain a hairy side.The “coarse cloth”‚ got from the valley sheepshearing‚ was popular for its high wear and weather resistance and it was suitable for people who had to live travelling or spending mostly the day in the open air. The lock‚ typical of Casentino cloth clothes‚ represents a functional double layer‚ with cold and rain protection
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1. Why does specialization become a factor in town life during the Neolithic Era? Answer: Due to warming of the climatic conditions‚ people started settling down in one place to make permanent homes. The first urban villages and towns were set up during the Neolithic Era. The farmers of those times began producing more food than they could consume themselves. They had enough food to share with their neighbors. This extra food allowed others to give up farming and take up alternate professions based
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1. Why does Machiavelli caution a prince against being too generous? Machiavelli‚ in Chapters 15 of The Prince‚ explains that nature doesn’t allow perfection in any human being. This leads him to the conclusion that princes should avoid qualities that may hindrance their abilities to rule even if they are considered ‘good’‚ under which generosity can be grouped as. He speaks further in detail in the next chapter‚ when he says generosity is a ‘dangerous practice’. He explains that if a prince were
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( Answers to Mini-Case Questions BioCom Inc. This mini-case provides a review of the methodology and rationale associated with the various capital budgeting evaluation methods such as payback period‚ discounted payback period‚ NPV‚ IRR‚ MIRR‚ and PI. 1. Compute the payback period for each project. |Time of Cash Flow |Nano Test Tubes |Microsurgery Kit | |Investment |−$11‚000.00 |−$11‚000.00
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