well-known company that you know of‚ and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors. (2-4 sentences. 3.0 points) Mcdonald’s is a well-known company. It’s direct competitors are Burger King and Wendy’s. It’s indirect competitors are Taco Bell and Pizza Hut‚ because while they’re both fast food restaurants‚ they have completely different menus. 3. Describe at least 3 nonprice competition strategies a company could use to convince customers
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PRODUCTION THEORY AND THEORY OF COSTS Production and Production Theory Production refers to the transformation of inputs into outputs (or products) An input is a resource that a firm uses in its production process for the purpose of creating a good or service. Most resources are lumped into three categories: - Land - Labor - Capital The two kinds of inputs: Fixed vs. Variable Inputs Fixed inputs -resources used at a constant amount in the production of a commodity. Variable inputs
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can be need in making jams‚ candies and marmalade. With its alkalinizing effect calamansi helps blood circulate energy and facilitates normal digestion. Farm Practices Small-scale farmers of Western Visayas allot an average of 0.5ha to calamansi production. Big growers devote as much as 13 hectares. Roughly 900 to 1‚000 trees can be planted in a hectare of land. Calamansi is propagated either sexually (through seeds) or asexually (through its vegetable parts). Grafting and marketing are among asexual
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hopes to achieve a better allocation of inventory control efforts by adopting an A-B-C approach to inventory control. a) Given monthly usages in the following table‚ classify the items in A‚ B and C categories according to dollar usage: Item Usage Unit Cost 4021 90 $1‚400 9402 300 12 4066 30 700 6500 150 20 9280 10 1‚020 4050 80 140 6850 2‚000 10 3010 400 20 4400 5‚000 5 a) In descending order: Item Usage x Cost 4021 $126‚000 Category A 4400 4066 6850 25‚000 21‚000
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THE ECONOMICS OF MASS PRODUCTION. The United States economy changed dramatically in the period following the Civil War. Business itself changed during this time: various ways were tried to increase the size of businesses‚ including trusts and holding companies. The average standard of living more than doubled between 1870 and 1910 and manufacturing‚ rather than agriculture‚ became businesses central feature. A major factor in this increase was the rise of big businesses and the widespread use
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Unit 7 – Play and learning in children’s education Diploma in Child Care and Education Cache Level 3 E4 Include examples of different theoretical models of how children play and learn E5 Include an explanation of how observations can inform planning to meet children’s learning needs D2 Include an explanation of the key issues in recording assessments C1 Analyse the importance of planning and providing learning opportunities to meet children’s diverse needs E6 Include TWO (2) examples of information
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Production Planning Introduction The intention of this project is to demonstrate the function of production planning in a non - artificial environment. Through this simulation we are able to forecast‚ with a degree of certainty the monthly requirements for end products‚ subassemblies‚ parts and raw materials. We are supplied with information that we are to base our decisions on. The manufacturer depicted in this simulation was actually a General Electric facility that produced black and white
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they wouldn’t need to write anything down or sign a contract‚ so this would be an informal brief. A Tender brief is where several prospective contractors provide an estimated cost and a description of how the product may be produced. For example a production company might find out someone is looking for a video. They would then put together a brief with a proposal and a budget and send it to the potential client. It would then be up to the client to look at all the different tenders they receive and
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inventory targets. Production schedule is generated with information provided by different modules such as customer order‚ inventory‚ manufacturing order and purchase order. With this schedule‚ management can effectively plan the production‚ monitor the inventory movement and set the production target. Furthermore‚ the system provides tools to analyze productivity and its production cost given the schedule and the actual production for a certain period. Nowadays‚ production management system has
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Chris Wiginton IS-3120 Unit 7 Assignment 7 Solving a Business Challenge Using SIP Technology The Session Initiation Protocol (SIP)‚ is an application level signaling protocol for setting up‚ modifying‚ and terminating real-time sessions between participants over an IP data network. Fifth Main Bank can use SIP technology to support any type of single-media or multi-media session‚ including teleconferencing. The key driving force behind SIP technology is to enable Internet telephony‚ also referred
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