500 v. Production cost per unit can be reduced by (a). producing more with increased inputs. (b). producing more with same inputs. (c). eliminating idle time. (d). minimizing resource waste. 4. State the benefits of improvement in productivity to various stakeholders associated with a business entity. Ans. Productivity refers to the physical relation between the quality produced (output) and the quantity of resource used in the course of production (input) Productivity
Premium Productivity Maintenance Control chart
SALES Chapter 1 Nature and From of The Contract ------------------------------------------------- Art. 1458: By the contract of sale one of the contracting parties obliges himself to transfer the ownership of and to deliver a determinate thing‚ and the other to pay therefore a price certain in money or its equivalent. ------------------------------------------------- ------------------------------------------------- A contract of sale may be absolute or conditional. COMMENT: 1)
Premium Contract
BOYAN JOVANOVIC New YorkUniversity The Diversification of Production produce more than one product. In this sense their production is diversified‚ or horizontally integrated. This paper addresses two questions. First‚ why have firms become more diversified over the past century? And second‚ why are diversified firms more oriented toward research and development (R&D) than nondiversified firms? I tackle these two questions under the assumption that a firm diversifies to maximize its efficiency
Premium Firm Economics Capital
HUMAN AND SOCIAL CAPITAL BY: JOSEPH KIOKO REG. NO: D80/61281/2011 DATE: 05/06/2013 LECTURER: PROF. P. O. K’OBONYO Introduction and Definitions: Human capital is defined by the OECD (1998‚ p9) as “the knowledge‚ skills and competences and other attributes embodied in individuals that are relevant to economic activity.” While Duration of schooling and levels of qualification are the standard measures used to measure human capital the OECD itself
Premium Sociology Social capital
Critically evaluate the use of text matching software as an aid to developing good scholarship practice By JEERAWAN TANTISOOK N0573741 BUSI48505 Developing the Effective and Responsive Practitioner Nottingham business school‚ Nottingham Trent University 13th October 2014 Word count 749 words By the year 2000 of higher education in the United Kingdom‚ many universities bring advanced software technologies to develop the way for student’s learning especially student literature. Because
Premium Writing Education Linguistics
Chapter 3: Process analysis COMFY SHOES INC Comfy Shoes Inc builds shoes tailored to meet each individual customer’s needs. Customers who visit the downtown offices of Comfy Shoes in Philadelphia can choose one or more of the following four custom-tailoring services. Customers receive their shoes in the mail within a week of their initial visit. Service Description Time Resource used A. Walking Basics Take measurements for basic walking shoes. 12 min. 1 attendant B. Walking Plus Choose
Premium Athletic shoe Photography Bottleneck
AND PROMOTION Promotion is part of marketing which can be considered as one of the youngest disciplines in the business world and is driven by innovation (Sutheralnd and Canwell‚ 2004). Within it‚ marketing communications‚ or promotion‚ is a management process through which an organization engages with its various audiences. Through understanding and audience’s communications environment‚ organizations seek to develop and present messages for their identified stakeholder groups‚ before evaluating
Premium Retailing Marketing
REPORT ON HUMAN CAPITAL MANAGMENT : AN EMERGING TREND IN H.R Submitted by: SHIVALIKA MBA-II Semester POORNIMA SCHOOL OF BUSINESS MANAGEMENT ISI-6‚ RIICO Institutional Area‚Goner Road‚ Sitapura‚ Jaipur ACKNOWLEDGEMENT I express my sincere thanks to my project guide Ms. Meenakshi Sharma and Ms.Preeti Tak‚ Designation Faculty‚ Department of management studies Poornima School of business management‚ Jaipur‚ for guiding me right from the inception till the successful completion of the
Premium Human resource management
Introduction The task set was to Evaluate the effectiveness of the management of a branded product or service of your choice ’. This task was to be carried out in groups of people 10 people from the AEF117 students‚ who could work together to interpret the task how they wished. These groups were put together by lecturer Stuart Challinor‚ based on our results from completing an individual Belbin profile‚ which was comprised from a series of questions which asked about how we tend to work within
Premium Belbin Team Inventory
Batch Production Batch Production is a way of creating items in bulk. In batch production‚ general-purpose equipment and methods are commonly used to produce small quantities of items that will be made and sold for a limited time only. Usually a similar design and process will be used to make a new product‚ cars are a good example of this. Often after car has been made another version will be created that has got new features. In batch production specialized tools or items for construction purposes
Premium Manufacturing Mass production Assembly line