Classification of Products- Consumer and Industrial Consumer goods Convenience goods and services – candy‚ ATM services Shopping goods and services – clothing‚ car repair Specialty goods and services – houses‚ interior design Industrial goods Expense items – inventory‚ repair bills Capital items – computer servers‚ long-term maintenance contracts CONSUMER GOODS These are the goods which are purchased without further commercial processing by the consumers for household
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Private goods 1. A private good is a good or service which a person will be excluded from owning or using if they do not pay for it. If you do not pay for items like food‚ cars or clothes you will be excluded from using them. 2. Consumption is rival (or depletable)‚ and that they are excludable by price. If one person has the good or service‚ the benefits of it are not available to others‚ that is‚ it is rival or depletable. Individuals can only have the good or service if they pay for it‚ that
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reasons why competition is a good thing for young children growing up. Sports are a big way for a child to learn the basics of being competitive. When you are playing a baseball game you should have the mind set that you want to win that game. Also for kids who do not start they should be motivated to get better‚ and to eventually start games and become a good player. “Winners train‚ Losers complain (Katzman)” is a great quote to for seeing how competition is a good thing. If you are a winner you
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Definition of spurious goods. Spurious goods and services" mean such goods and services which are claimed to be genuine but they are actually not so. These goods are outwardly similar or corresponding to something without having its original qualities. Thus such goods are intended to deceive the customers. Introduction: Spurious goods are copy of the original products having well-known trade marks‚ logos‚ along with the external packaging and product arrangement‚ so that they look like they are
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Good Girl by Martia Conlon-McKenna Some people might say that the power of love can conquer all‚ but when religion and other factors come into play it tends to get more complicated. Falling in love is something that happens to all of us. Love is a certain kind of strength. Whether this strength is powerful enough to keep two people together despite different religious beliefs or political opinions depends on the two lovers. Religion is love. It brings people together and offers them strength to
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The good life is a condition in which a person will be the most happy. Both Plato and Aristotle see the good life as the state in which a person exhibits total virtue. Plato reasons that a person will exhibit total virtue when his desires have been extinguished‚ while Aristotle believes the perfect state will bring forth the virtue in men. Plato argues that the good life springs from love because through love‚ men can rid themselves of desires. That is not to say that every loving relationship creates
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Good manners form an important part of our civilization. We know a man from his manners. Manners are important for our conduct in the society. So‚ we put too much stress on learning manners. Parents want to teach manners to their children. Teachers want to teach manners to their pupils. Good manners play an important part in maintaining peace in a community. A man who has good manners does not hurt the feelings of others‚ and therefore he is on good terms with his friends and neighbors and also
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Evil and Good The obvious thing to say about evil is that it is the opposite of good. Some people may argue that there is a lot good in the world. Everyone does have evil in them and are very well capable of doing bad things. Although not everyone expresses their anger at the same level of intensity‚ everyone has most likely done more bad in their life then acts of good kindness. Shakespeare wrote‚ “The evil that men do lives after them; the good is oft interred with their bones‚” act three‚ scene
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Everyone not only wants a good friend in their life‚ but they need one too. Friendships often face a great number of conflicts that may weaken you‚ or it may do the opposite‚ make your relationship stronger. A good friend may also be known as a true friend or a best friend that will always be there for you. Having a good friend will keep you going in life‚ and make you have a brighter smile on days when you are gloomy. They also help you out when you need them the most‚ and this will help you accomplish
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“The Good” Plato Midterm Paper Plato was one of the most prominent Greek philosophers‚ influencing the very core of philosophy for years to come. His early analysis of society and its values began the quest for answers to questions of existence and awareness. In “The Republic‚” Plato explains the concept of Forms and Ideas while also inquiring on both justice within a person and what exactly makes a person ‘just.’ Plato argued that the human soul innately searched for the Form of Good which could
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