Production and Operations Management Concepts
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To quantify the overall productivity, no major difficulties in the mathematical plane, difficulties are practical
Quantify the overall productivity since max .= prod product / recursos.Presenta difficulties associated with quantifying the numerator and denominator, the numerator we have: the sum of the products are not homogeneous units of measurement, production plans and programs varied in time, the denominator are: price of the resource, how to associate the different resources, using different
Read MoreA Comprehensive Guide to Financial Accounting: From Bank Reconciliation to Partnership Dissolution
Need and Importance of Preparing a Bank Reconciliation Statement
It is necessary for a businessman to reconcile both cash book balances and bank passbook balances; otherwise, it might result in a serious lapse on either part. To locate the difference in the bank passbook and cash book balance, a reconciliation statement is prepared. A Bank Reconciliation Statement gives assurance that the balance as per the bank cash book and bank passbook is tallying or the same and that there is no difference as
Read MoreIntroduction to Financial Systems
1.1 Functions of a Financial System
The financial system serves several important functions. Firstly, money acts as a medium of exchange, allowing for the smooth transaction of goods and services. Additionally, money serves as a means of saving and representing a store of wealth or value.
In the financial system, there are surplus units, which are savers that make funds available for lending. These savers are willing to sacrifice present consumption to increase future consumption. They can choose
Read MoreSales and Negotiation Techniques for Effective Business Interactions
T.6.1. Sales Dashboard
A synthetic document that allows periodic and systematic monitoring and control of the company’s sales activity in general and each seller in particular.
– Components: Market delimitation, market share by seller, achievement of objectives by seller, status by seller, product analysis, customer analysis, control of salespeople’s work, evaluation of them, commercial management control.
2. Sales Control
Not only implies volume control but also includes other indicators that
Read MoreSupply Chain Management: Concepts, Strategies, and Optimization Techniques
With regard to the cost-based price model of negotiation strategy, which of the following is true?
Prices are based upon vendor costs
The term vertical integration means to produce goods or services previously purchased.
Which of the following is a reason for making a component rather than buying it?
Obtain desired quality
The advantage of many potential suppliers is their willingness to lower prices in the short term.
Trucking is increasingly using computers to manage its operations.
Airfreight is the
The Spanish National Health System (SNS)
What is the Health Card?
Document issued by each Health Service that identifies each citizen as a user throughout the NHS. Each person, regardless of age, must have a health card. It is valid for 4 years.
What do you mean by Integrated Health Care?
It is one of the essential principles assumed by the Spanish health care system and is based on the promotion, prevention, treatment, and rehabilitation.
How is Healthcare a Redistributive Income Policy in Spain?
Each person contributes taxes depending on
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