Discuss the factors causing a shift in the demand and supply of a specific commodity. In economics‚ Demand refers to the quantity of a goods or services that consumers are willing and able to buy at a given price in a given time period. The law of demand stipulates that there is an inverse relationship between the price of a good and the quantity demanded‚ that is to say‚ if the price of‚ say‚ good X rises‚ it will decrease the quantity demanded of good X and the price of the good falls‚ this
Premium Supply and demand Consumer theory
Factors affecting operational planning In this day and age planning is key to any business startup‚ especially during these tough economic times. As we prepare a plan for any business many factors arise including the strengths‚ weakness‚ opportunities‚ threats and trends in any business planning. Let ’s explore deeper to analyze the very important factors. Strengths: Internal positive aspects that are under control and upon which you may capitalize. Good examples of internal strengths are: Company
Premium Management United States Postal Service
Factors Affecting Rational Choice Most consumer behavior analyses and programs seek to dig out consumers’ needs and wants‚ which direct their purchasing and decision behaviors. Consumer behavior and choice are complex‚ inherently dynamic and potentially affected by a number of factors. According to this‚ it seems that the rational choice theory should make some adjustments to be adopted to this increasingly more dynamic reality and marketing environment and thus set a realistic and stable base for
Premium Rational choice theory Rationality Decision making
HEAVY ELECTRICAL EQUIPMENT BACKGROUND & HISTORICAL TRENDS Electricity in India Unlike other technological developments in the West‚ which were introduced in India after a time lag‚ electricity was introduced in India in the form of galvanic electricity (both electro chemical and electro magnetic) through telegraphy. The first experimental line was set up in Kolkata in 1839 at the Botanical Gardens along the river Hooghly. Electricity in the form of lighting arrived 35 years later with
Premium Electricity generation Coal Electricity
Statement of the Problem It is little wonder that business experts commonly cite inventory management as a vital element that can spell the difference between success and failure in today ’s keenly competitive business world; inventory can be nuisance‚ necessity or convenience. Organizations place stock in a subsidiary rather than a central position‚ but still an important element in operational effectiveness and often appear on the balance sheet as biggest current assets taking up a lot of money
Premium Supply chain management Balance sheet Inventory
CHAPTER 1 INTRODUCTOIN Many factors can affect academic performance‚ which means how a person does on schoolwork. The physical condition of the student has a great deal to do with that person ’s ability to do a good a good job on anything and to understand anything. For example‚ if the student has poor eyesight‚ he or she might not be able to read well. If the student has a hearing impairment‚ he or she might not be able to listen to and understand instructions. If the
Premium Education Homework Homework help service
The Indian paint industry - an overviewnews Paint is a mixture of four elements - 07 April 2007 file to cabinet attach label bookmark send to friends add note add to tracker print currency converter informachine tools Highlights • The Indian paint industry is a Rs 49 billion sector. • The demand for paints is relatively price-elastic but is linked to
Premium Paint Acrylic paint Economic growth
1. Automobile industy 1.1. Industry overview 1.2. Snippets:some facts about industry 1.3. Types of vehicles 2. Automobile marketing in India 3. History of automobile industry in India 4. Major players in the automobile sector 6.1. List of automobile manufacturers in India a. Indian companies b. Multi-national companies 7. Maruti a case study 7.1. Profile 7.2. Maruti udyog limited 7.3. Maruti Suzuki India limited 7.4. Partner
Premium Suzuki Automotive industry Maruti Suzuki
ACADEMIC FACTORS AFFECTING LEARNING AT A NURSING COLLEGE IN THE WESTERN CAPE YOLANDE NERISSA MAGERMAN Thesis presented in partial fulfilment of the requirements for the degree of Master of Health Science in the Faculty of Health Sciences at the Stellenbosch University SUPERVISOR: DR. E.L. STELLENBERG MARCH 2011 DECLARATION By submitting this thesis electronically‚ I declare that the entirety of the work contained therein is my own‚ original work‚ that I am the sole author thereof
Premium Nursing Nurse
Factors That Affect Organizational Structure The organizational structure of your business provides a foundation for lines of communication‚ responsibility and tasks. As the framework for your business‚ the organizational structure you select dictates the number of management layers‚ how your business is functionally divided and the overall reporting structure. Multiple organizational designs can be used to enhance your business’s strategy including simple‚ functional‚ matrix‚ hybrid or a self-designed
Premium Management Business Organization