Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
production concept marketing concept selling concept product concept
there is no concept!
there is no concept!
selling concept is a traditional concept of marketing. In traditional concept emphasis was on only selling the products.
The flow concept is the one in which goods and services move from person to person. In the stock concept, stocks build up or get depleted, they do not flow.
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
yes, production is a stock concept and income is a flow concept.
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
Marshal borrowed the concept of forces of demand and supply. This is a concept that had been established by Smith and Ricardo.
Demand is a flow concept because our willingness and ability to buy is subjected to a timeperiod. At different times, we may have different demand schedules.
Negative to positive
Supply Chain is the management of flows. There are Five major flows in any supply chain : product flow, financial flow, information flow, value flow & risk flow. The product flow includes the movement of goods from a supplier to a customer, as well as any customer returns or service needs.
resistor is to resists the flow of current
an increase in which exceeds the supply
The specific details and information flow a particular industry.