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It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time, generally a year. The BOP is determined by the country's exports and imports of products, services, and financial capital, as well as financial transfers. It shows all payments and liabilities to foreigners (debits) and all payments and obligations received from foreigners (credits).
JIT is a Japanese production management philosophy which has been applied in practice since the early 1970s in many Japanese manufacturing organizations. There are strong
Question 1 What is Flexible Manufacturing System (FMS)? How does it help in improving the manufacturing process? Question 2 What is Logical Process Modelling and give the com
Pre Requisites of JIT Program Pre requisites to a JIT programme include all the actions and preparations that are required of the organization prior to implementing a JI
Hazards and Risks at BMW
VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.4
What are the characteristics of each component of the GE matrix?
Drawing upon examples from your experience of team working in organisations or in classroom activities, identify two key theories, concepts or models that have helped you to
What is the importance of business communication?
This is innovative approach of maintenance developed by Japanese manufacturers for their plants and machinery. In this concept the principle of all the above there method
Think of an organization with which you are familiar, perhaps one you have worked for or where you were a member. Then answer the following questions. 1) Using the jobs characte
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