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How did the revival of trade help in the development manufacturing banking and investing?
The revival of trade during the Middle Ages stimulated economic growth by increasing demand for goods, which in turn led to the establishment of manufacturing centers to produce these items more efficiently. As trade routes expanded, merchants needed financial services, giving rise to banking institutions that facilitated credit and investment in new ventures. This interconnectedness fostered an environment for innovation and capital accumulation, allowing for greater investment in both manufacturing processes and infrastructure. Overall, the resurgence of trade acted as a catalyst for the development of a more complex economic system, paving the way for modern capitalism.
What are the main aspects of marketing?
The 4Ps, Price,Place,Product,Promotion The main aspect of modern marketing is CRM(Customer relationship management). Building relationships with customers is the key in today's marketing environment.
Difference in modern and traditional techniques of managerial control?
difference between modern and traditional techniques of controlling
What are the characteristics of a modern biography?
A modern biography should include stories about a person's childhood, schooling and how they launched their careers. Details about any charity projects they do and their net worth are also important in a modern biography.
What does a job in procurement involve?
Purchasing and procurement are integral parts of modern business. Some titles in this field include Purchasing Manager, Contract Administrator, and Supply Chain Manager. In general, procurement positions require that you plan for the resources that your business will need and work with vendors to fill those needs. Some examples would be purchasing products to put on the shelves in a retail store, or buying the machines, tools, and fuel required by a manufacturing shop.
What are the differences between modern manufacturing and traditional manufacturing system?
Traditional manufacturing basically does not consider quality issue prevention and manufacturing wastage. Modern manufacturing techniques involve implementing schemes such as Kiasen and Lean Six Sigma to control the quality and lower costs.
Which event is distinct from to the modern era?
The shift from agricultural to manufacturing economies.
When did modern manufacturing management begin?
One can trace the origins of modern manufacturing management to the advent of agricultural production, which meant that humans did not constantly have to wander to find new sources of food
Why must Africa change the crop manufacturing and industry in a modern world?
no
Why did the modern car manufacturing grow on the sun belt?
Modern car manufacturing grew in the Sun Belt due to several factors, including favorable climate conditions, lower labor costs, and a more business-friendly regulatory environment. The region also offered ample space for large manufacturing facilities and access to major transportation routes. Additionally, the growing population and economic expansion in the Sun Belt created a robust market for vehicles, further incentivizing automakers to establish production facilities there.
What emerged from the Industrial Revolution?
The start of the modern way of manufacturing goods, and urbanization.
Why does Vienna lack modern industries?
the city is too congested to host manufacturing
Two principles that are the basis of modern manufacturing are the use of interchangeable parts and?
division of labor
Why does vienna lack many modern industries?
the city is too congested to host manufacturing
Two principles that are the basis of modern manufacturing are the use of interchangeable parts and .?
division of labor
Two principals that are the basis of modern manufacturing are the use of interchangeable parts of?
Division of labor A+
What are some modern business industries in Canada?
Canada has many modern business industry. Main ones are gas and oil, manufacturing and aviation
