1. Is gross profit or net profit more important to consider when you’re deciding how successful and profitable a company is? Why? Explain. (1-3 sentences. 2.0 points) Gross profit is the profit you make before taxes. Net profit is more important‚ because it is what you have after paying taxes‚ or the money you actually get to keep. 2. Choose a well-known company that you know of‚ and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors
Premium Competition Marketing Fast food
Briefly explain the “Treadmill of Production”. What are some indicators mentioned as outcomes of the treadmill of production? The Treadmill of Production refers to the emphasis on a system that must continue to grow and with that growth continues to produce more products and services which require more energy and resources. Along with this increasing production consumer waste also continues to grow. Some of the indicators mentioned as outcomes of the treadmill of production are the following: the number
Premium Management Marketing Strategic management
1. Define production. What are the factors of production? Define production: Production means the creation of Utility. Through production inputs are converted into output which can satisfy or meet wants or demands. So production is a process of transforming inputs into useable outputs. Utilities are created in three forms such as (i) Changing the form (ii) changing time and (iii) changing place. Example: Wood in a forest generally has no utility to a consumer but cutting the wood‚ changing
Free Economics Economics of production
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
Premium Racism Maryland African American
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
Premium Milk Digestion Cattle
JAMESON PRODUCTION/ LOGISTICS Jameson Irish Whiskey is world renowned for its reliably smooth and accessible taste. One of the key reasons for the extraordinary success of Jameson Irish Whiskey around the globe is its super-smooth‚ perfectly balanced taste. This can be attributed to Dave Quinn‚ Master of Whiskey Science at the Midleton Single Distillery. Dave ensures that all of the key Jameson elements come together to create the renowned and unmistakable Jameson taste. You could say Dave has
Premium Distillation Vodka
reference‚ research and analyse what your studio role involves both technically and creatively from pre production to production of a studio programme. And with reference to your team’s studio programme‚ discuss your role and how you contributed. Introduction The purpose of the “Studio Production” module was to produce a live studio programme in a team‚ starting from the pre-production stages right through to the live studio broadcast. Each member of the team was assigned a studio role that
Premium Camera Talk show
De La Salle – College of St. Benilde SCHOOL OF MANAGEMENT AND INFORMATION TECHNOLOGY Career Development Program Course Code: PRODUMA Course Title: Production and Operations Management Course Description: Production and Operations Management deals with creating business decisions on production and service operations. Production and Operation is a technical core function of management. It involves decision making and creation of strategies that will help each organization in achieving its
Premium Critical thinking Management Thought
Swine Production Not many people know the effort that goes into pig production‚ or the stages. There are three main areas to every swine facility. Each maintains a distinct purpose. The three stages work together efficiently to raise the swine to market weight. Over a period of time pigs participate in farrowing‚ finishing‚ and gestation. This is how we would create and run a swine facility. The gestation house in our facility consists of sows‚ gilts‚ and boars. Sows and gilts wait on one
Premium Pig Wild boar Domestic pig
ART AND THE SOCIETY Mode of Production The milieu and environment of art. In a broad sense‚ we study Philippine art as produced within the particular period of history. For example‚ the 19th century or the Marcos regime. In a specific sense‚ we study Philippine art as produced by a particular social group‚ usually having fine arts background or specific cultural community which has preserved is artistic traditions from pre-colonial times. Art is produced under different conditions even within
Free Art Culture