commodity Types of utilities: T f ili i Form utility Place utility Time utility Possession utility Service utility Knowledge utility The Production Function The production function refers to the physical relationship between the inputs or resources of a firm and their output of goods and services at a given period of time. time. The production function is dependent on different time frames. Firms can produce for a brief or lengthy period of time. Inputs - are resources that contribute in the production
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Chapter 2: Reviews of related study and literature This part will give of the related literature‚ which will somehow help the user ti gather information and knowledge about certain study. It will give the user a clear understanding and better insight of the study. Related literature: Local According to “be the Philippine‚ IT industry in review by Denalyn M. Rubio‚” Information technology is virtually everywhere. Whenever you look‚ you could see either a by-product of IT‚ a representation
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GREEN LAND COMPANY 468A Maganda Street Sampaloc‚ Manila www.thinkgreen.com 732-098-123 December 12‚ 2012 Atty. Ronziel Datario President APPCO Rufino Street Makati‚ city Dear Atty. Datario‚ Dreams really do come true! Trees will grow instead of leaves in our home to serve more families. Feel comfortable and relax in our green home. Eight months ago‚ we opened our GREEN HOMESTELLAR in Laguna. This coming December 24‚ 2012‚ we are going to have an open house for everyone
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family of orientation‚ extended family‚ and family of procreation. It all depends on how the child is raised. Three important factors‚ out of six‚ that I consider to be the main functions of family are socialization‚ economic cooperation‚ and care‚ protection‚ and intimacy. Some families may very well address these functions‚ while others may not. And because of that‚ family may be quite hard to define because it goes above and beyond the surface. According to Swartz and Scott (2009)‚ family is defined
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game. It helps you conduct business transactions with ease as you only have to press a few keys. It liberates you from countless paper works as computation of the day’s sale and keeping track of inventory are done automatically. Statement of Objectives The objective of this system is to lessen the effort handled by each personnel of the company and improve the sales transaction. General Objectives An Inventory system provides businesses with the ability to computerize systematize and collect
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Part A Task 1: Sales strategy 1.1 Ansoff’s strategic growth model • Marketing Penetration Refers to a growth strategy in which the business focuses on selling existing products into existing markets. • Market Development It is the growth strategy in which the business extends their existing products into new markets. • Product Development This growth strategy refers to business that develops new products for existing markets. • Diversification Refers to the growth strategy in which
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Quadratic functions are used all the time‚ every day‚ all over the world. Even though right now‚ it doesn’t seem like this kind of math is ever going to creep back into our life. That is actually far from true. These math skill are crucial to have if one ever decides to do anything in engineering‚ or something like that. Those types of jobs are now becoming more and more popular‚ because the world is always going to need educated people who know how to construct or refurbish buildings and homes.
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There are several main functions of money. They are; unit of account‚ medium of exchange‚ and store of value. Each function describes how money is used in the economy. The medium of exchange speaks to how we use money in exchange for goods. It is like a barter to get someone that has what I want to give it to me in exchange for something that they want. Money makes this an easier exchange. Everyone wants money‚ as it allows them to turn around and purchase what they want. If not for money we would
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Question No. 1 P: 219 Explain the difference between short run and long run production function; cite one example of this difference in a business situation. The short run production function shows the maximum quantity of a good or service that can be produced by a set of inputs‚ assuming the amount of at least one of the inputs used remains unchanged. While a long run production function shows the maximum quantity of a good or service that can be produced by a set of inputs‚ assuming the
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Linear Functions There are three different ways to write linear functions. They are slope-intercept‚ point-slope‚ and standard form. There are certain situations where it is better to use one way than another to solve a problem. It is important to understand and comprehend the mechanics of these three forms so that you know what form to use when solving a problem. The first form‚ point-slope‚ is written as y-y1=m(x-x1). M is the slope and x1 and y1 correspond to a point on the line. It’s good to
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