“This means apples, picked at the farm, washed, bagged and placed in the supermarket produce aisle are considered processed.” And yet, these fruits are clearly distinct from a super-industrialized item like, say, chicken nuggets or potato chips. Hence the creation of a more specific term ...
Professor Nicola Clayton is perhaps best known for her work on food-caching scrub jays. Her seminal 1998 paper, together with Anthony Dickinson, showed tha
As part of the range of goods known as soft or nondurable goods, dry goods are products that require no special storage, but are considered to have a limited shelf life. In general, these goods are not anticipated to last more than three years. The term was originally coined to refer to...
Here are some of the biggest line items.What are current assets? Current assets are either cash or can be converted into cash within a year, including: Cash and cash equivalents: Cash and cash equivalents are the most liquid components of working capital, encompassing all cash on hand and ...
Foreign exchanges and stock exchanges are also traded in the spot marketplace. Similarly, commodity trade is prevalent in spot markets with energy, minerals, agriculture, and cattle. Spot markets offer both perishable goods and non-perishables. ...
Waste reduction.Particularly when working with perishable items, effective inventory management allows as much raw material as possible to be transformed into finished goods. For instance, food manufacturers can make sure ingredients don’t expire before they can be used. Inventory management also helps...
Refrigerated shipping containers have generators fixed to them for running the refrigeration unit that keeps the goods inside at the desired temperatures. These units run on electricity as well as fuel. Temperature-sensitive materials, such as perishable food items, pharmaceutical drugs, etc., are tra...
Metaphorical thinking describes a mental process in which comparisons are made between qualities of objects usually considered to be separate classifications. Metaphorical thinking is a mental process connecting two different universes of meaning and is the result of the mind looking for similarities. ...
Consumer durables, also known as durable goods, are a category of consumer goods that do not wear out quickly and therefore do not have to be purchased frequently. They are part of core retail sales data and are considered durable because they last for at least three years, as the U.S. ...
Stocks are generally considered less prone than futures contracts to volatile price swings. Stocks are easier to buy, hold, trade, and track. Plus, you can narrow down where you put your money to this or that particular sector. This requires, of course, due diligence in researching the speci...