Explain the concept of lean manufacturing. What will be an ideal response?Production:Production is the act of making or creating something. It is an organized and well-defined activity to focus on the aim of providing utility for people. It involves transforming resources into finished...
Explain the concept of cost of goods sold and how it is used in business. Explain how the income effect influences food purchases and provide some examples of the income effect that might occur when the price of food rises and other things remain the same. ...
For data science teams to succeed, business leaders need to understand the importance of MLops, modelops, and the machine learning life cycle. Try these analogies and examples to cut through the jargon.
a1 Define the term marketing, and explain the marketing concept. Compare and[translate] a2 Identify the elements of the marketing mix and explain each element in terms of[translate] aproduct life cycle and you should match the organisation’s main ranges of products[translate] ...
1章练习题 Fill in the blanks. In the past century, language teaching and learning practice have been influenced by three different views of language: the view, the view and the view. 【答案】structural,functional,interactional 【解析】上世纪语言教学和语言学习受三种语言观的影响:结构主义,功能主义...
Explain the concept of offshoring jobs. Does offshoring affect all sectors of the economy equally? Describe how a firm can reduce its costs in the short run. Use suitable real-life examples. Explain the way how the employers choose the optimal length of a strike in a ...
On broader level it’s a series of short waterfall cycles, each producing an early prototype representing a part of entire project. It also helps demonstrate a Proof of Concept at early software life cycle. Build and Fix Model This is the way free-lancers work Write some code and keep ...
Answer to: Explain the difference between monochronic and polychronic cultures. Give an example of how each culture would differ in its response to...
Explain the concept of the circular flow. Describe the simplified circular flow model in detail. Describe simplified circular flow model in detail. Explain the simplified circular flow diagram. What is one economic interaction that is not covered by this diagram? Des...
Though not directly linked to the saying "read the room," the concept of diminishing marginal utility is very relatable, as not every client will associate the same utility with a given product. A phone with all the latest bells and whistles might be attractive to many consumers while turning...