0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the difference between mass production and mass communication?
mass production is about production on a large scale. mass communication is about communication among a number of people. "Mass Communication" is one of those vague terms that could mean almost anything. From the 1950's-80's or so, it would have meant radio and television, or communications systems that reached anywhere from thousands to millions of people when they were broadcasting. It was called "mass" communication because it reached a very large audience. Today, the internet makes it easier to distribute information quickly across the globe, even if it is not likely to reach as many people as the CBS Evening News did back during the 1950's. "Mass production" refers to a manufacturing process that takes advantage of the economies of scale. Building a factory, buying specialized machinery and training workers costs a lot of money. If you are going to produce millions of copies of a single good, it makes sense to build factories with specialized machines and trained workers that can produce the goods quickly and for a low cost-per-unit. If you are only going to produce a small quantity of a good, you are not going to pay for all of the super-efficient equipment and training. Therefore, the cost-per-unit will be higher. There is really no similarity between these two concepts, except insofar as they produce a one-size-fits-all product. Mass communication produced programs for a vast audience, and beamed them out across the country. Mass production produces large quantities of the same good and sells them across the world.
Does signing up for Answer cost anything?
If you mean does it cost anything to get a username here... no, it does not.
How much does certified mail cost?
The cost of certified mail will be determined by the weight and where it is being sent. The average cost for this type of mail is five dollars.
cost of wireless internet in out area 49629?
cost of wireless internet in out area 49629
do you have lifeline home service how much does it cost?
Your home lifeline service; how much does it cost?
What is the production cost of a pen?
The cost of production for a pen varies. Pens that have more functionality typically cost more to produce than pens that are generic.
Why selling and admin price are not included in total production cost?
Selling and administration expenses are not used to produce the units rather these are used to sell or run the day to day activities of business. Production cost is that cost which is used to produce the units only.
Differentiate between period cost and product cost?
Period Cost: It is that cost which must be incurred by the company no matter it produce any product or not. Product cost: Product cost is that cost which is necessary to produce any production units to earn revenue.
What is production cost and break even analysis?
The production cost is the cost to produce the product. The break even analysis is the amount you would have to sell the product for to simple break even on your cost-not to make a profit or lose money.
What does cost variable mean?
Variable cost is the cost which varies as variation in production units For example if 10 units produce variable cost = 100 if 100 units produce variable cost =1000 so per unit variable cost = 10
How much did it cost to produce Happy Gilmore?
The production budget for Happy Gilmore was $18 million.
Explain why a firm needs to know its short run production function to be able to calculate the costs of production?
In the fhort-run production, a firm can produce and various its quantities of inputs to maximize its profit in a period of time frame. Variable cost, fixed cost, total average cost, marginal cost ....profit.
Is Direct Material a product cost or period cost?
Direct material is a product cost because without material no product can be produce and it has direct relation with production of goods.
Is direct labor a product cost or period cost?
Direct labor is a product cost because without labor no product can be produce and it has direct relation with production of goods.
A profit maximizing monopolist with a positive marginal cost of production will always?
Produce in the elastic range of the demand curve
When does country X have a comparative advantage in the production of coffee?
When they can produce it at a lower opportunity cost than other countries.
What is production cost in cost accounting?
COST OF PRODUCTION IN ACCOUNTING: is defined as the amount spent in the converting of raw material into finished goods. in the manufacturing account is calculated by Add:opening stock of ram material :purchase +carriage inward -return outward=cost of goods available-closing stock=cost of sales +prime cost+factory overhead+net work in progress=cost of production
