The 5 Partnership Firms:
(Chronological order)
1) "Contract for Partnership"
2) "Maximum number of Partnership is 20"
3) "Carrying on business with Partnership"
4) "Sharing on profit with Partnership"
5) "Mutual Agency in a Partnership"
These are the five profiles of Partnership in any corporate agency
Similar to manufacturing, services use methods that add value to the raw materials required to make the finished product. JIT emphasizes the process rather than the end result. Therefore, it may be applied to any set of processes, whether they are involved in manufacturing or providing services.
In the context of the industrial and service industries, the Just in Time (JIT) system: Companies use just-in-time (JIT) inventory strategies to boost productivity and cut waste by only ordering products when they are actually needed for manufacturing, which lowers inventory expenses.
Between service and manufacturing organizations, there are five key differences: the tangible nature of their output; production on demand or for inventory; production tailored to the needs of a particular customer; labour-intensive or automated operations; and the requirement for a physical production location.
In reality, though, service and industrial firms have a lot in common. Many manufacturers have their own service departments, and both industries need trained workers to run a successful organization.
Learn more about JIT here:
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Answer:
A. Radio Frequency Identification
Explanation:
The use of radio frequency identification is to ensure a timely identification of people or objects.
The technology uses radio waves to identify people or objects. There is a device that will be used to read information contained in a wireless device or tags from a distance without making physical contact or requiring a line of sight.
Answer:
Amount received by sellers - Costs of sellers.
Explanation:
Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.
Consumer surplus is the difference between the price at which the consumer values the good and the price of the good.
Consumer surplus = Value to buyers - Amount paid by buyers.
I hope my answer helps you
I believe the answer is: Civil court
Civil court is the place where the justice department handle all cases that does not involve the infringement of the criminal laws.
The cases that come into this court would revolve around conflict between two legal citizens or organizations, such as conflict between employees and their workers, conflict between divorced couples, conflict between rent owners and tenants, etc.
