Productive consumption - Study guides, Class notes & Summaries

4 Reasons to Study OM - 1) study how people organize themselves for a productive enterprise 2) to know how goods and services are produced 3) to understand what operations managers do 4) Because it is a costly part of an organization Operations Management - set of activities that create value (goods/services) by transforming inputs into outputs - discipline applied to any org activity - costly part of organization - opportunity to improve profitability and enhance service to society Cha...

interpretive approach correct answers the view that the way we use our environment and resources is determined by already set ideologies. (world view, religion, ritual, classification systems). These control the way people interact with environment. ex) four rationalities 'myths of nature' materialist approach correct answers the view that material forces drive the cultural system. (subsistence, technology, productive arrangements). ex) nomadic/ indigenous peoples. Move around based on wh...

6 Stages of Financial Planning - Answer-1. Establish client planner relationship. 2. Gather data and objectives. 3. Analyze and Evaluate financial status. 4. Develop plan and present recommendations. 5. Implement. 6. Monitor. Disposable Income (DI) - Answer-PI - personal taxes GDP does not measure - Answer-Utility/usefulness Per capital output What is produced or how it is allocated Quality of output Nonpaid productive output (like people mowing their own lawns) Unrepo...

AESC 2050 Kiepper Test 2 All Answers Correct Farm Bureau ️1937, Gave farmers unified voice in legislative area Number of State senators ️56 Number of house members from state ️180 Lobbyist in the state capital ️937 How much is the agriculture in GA worth ️74 billion dollar industry How many farmers in the state represented by farm bureau ️40,000 how many farm bureaus in the state ️3 Goals of farm bureau ️serve as eyes & ears of farmer in legislative business rep...

APES Unit 1 Exam Review (2023/2024) Graded A+ intraspecific competition between members of the same species interspecific competition between members of different species competitive exclusion 1 species is a stronger competitor than the other coexisting species species alter behaviors to minimize competition, altering their niche niche A species role in an ecosystem selective pressure when the environment pushes an individual or population to adapt or evolve parasitism One organism benefit...

Microeconomics - Answer a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources Economics - Answer the social science that describes the factors that determine the production, distribution and consumption of goods and services Firm (or Business or Enterprise) - Answer an organization involved in the provision of goods, services, or both to consumers Scarcity (or Limited Resources, or Paucity) - Answ...

Chap 01 13e Bodie 1) The material wealth of a society is a function of: A) all financial assets. B) all real assets. C) all financial and real assets. D) all physical assets. E) all physical and financial assets. 2) are real assets. A) Land and mortgages B) Machines and bonds C) Stocks and bonds D) Knowledge and stocks E) Land, machines, and knowledge 3) The means by which individuals hold their claims on real assets in a well-developed economy are: A) investment assets....

Insurance coverage likely has little impact on people's use of needed health care services.Insurance coverage likely has little impact on people's use of needed health care services. - False. Likely has a major impact, if something is not covered and is expensive to pay with from out-of-pocket then that individual likely won't be able to get access to that care. Reducing inequalities in health within the population should focus primarily on the distribution of health care. - True. Should...

MGF 402 Investment Management All Answers Correct Risk Aversion ️an individual who is rational will attempt to maximize their expected utility, rather than the expected value of their wealth Risk Seeking ️person enjoys taking risk and making more money rather than maximizing their utility Real assets ️determines the productive capacity and net income of the economy (land, workers, knowledge, buildings, tech) Financial Assets ️claims on real assets, don't directly contribut...

HESI LPN Comprehensive Exit Exam Latest 2023 Questions & Answers with Rationale. A newborn with apnea is being discharged from the hospital with home monitoring. What information concerning the infant's care should the practical nurse review with the parents? A. Cardiopulmonary resuscitation (CPR). B. Administration of intravenous antibiotics. C. Reassurance that the infant cannot be electrocuted during monitoring. D. Advise that the infant not be left with caretakers, such as babysitter...