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Quality Control:
Standards and standardisation, quality systems, certification and inspections, measurement systems, testing laboratories, their accreditation and calibration services, production and supply of standard reference materials, etc., are all important building blocks. Quality control through the agency of the Export Inspection Council leaves much to be desired. It is often alleged that EIA is actually playing a retrograde role, although inadvertently. This needs to be corrected. (i) The list of items subject to compulsory export inspection needs be reviewed and shortened. A trimmer EIA list is essential for a modicum of efficiency. (ii) EIA should use international agencies to train people and update the equipment available for those limited items. (iii) The quality development process need be professionalised by making use of proven quality development skills and managerial methods available around the world. Overall, pre-export inspection needs to be greatly simplified, both in the interests of speedier clearance and less harassment of the exporter as well as better administration.
The Case: In Pakistan, sugarcane, wheat, rice and cotton accounted for 90% of the value added in crops and 6% of GDP in the last fiscal year but the average yield of these crops is
the demand and supply functions for goods are given by demand:Pd=50-3Qds and supply:Ps=14=1.5Qs. where p is the price of a pair of jeans, Q is the number of pairs of jeans a) calc
x-3y+6z=1 2x-5y+10z=0 3x-8y+17z=1
Mathematical Presentation of Utility maximisation: Consumer's objective is to maximise her utility by solving UMP. To solve UMP, we set the Lagrange function of the correspond
Program Spending: Government spending that is undertaken to provide useful public programs. Program spending includes both transfer payments which are intended to supplement the in
Part 1 - Select a construction-based business of your choice and explain stakeholder theory to illustrate the primary interests of the stakeholder groups and identify any areas o
Consider an infinitely repeated prisoner's dilemma game by two players. The resultant payoffs at each stage by the actions of two players are given below in the table (payoffs are
Suppose that the short-run world demand and supply elasticities for crude oil are -0.076 and 0.088, respectively. The current price per barrel is $30 and the short -run equilibrium
Sita expects her future earnings to be worth Rs. 100. If she falls ill, her expected future earning will be Rs. 25. There is a belief that she may fall ill with probability of , -
Warehousing Facilities: These should be expanded in important commercial centres abroad, specially for fast-moving consumer goods. Nowadays, foreign buyers are reluctant to keep
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