Service vs utility
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Service refers to an action or work that is produced and then consumed, while utility refers to the ability of a commodity to satisfy needs or wants. In computing, a service is a function provided by one program or machine for another, while a utility is a software program designed to perform a single or small set of tasks to manage hardware, operating systems or software. In sports, a service is the act of serving the ball to start play in tennis or volleyball, while utility refers to the ability to play multiple positions. Overall, a service is an event where an entity acts on behalf of another, and a utility is the state of being useful.
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81819, 957 PMPrintPage 1 of 43httpscontent.ashford.e.docx
8/18/19, 9'57 PMPrint
Page 1 of 43https://content.ashford.edu/print/Valacich.3917.17.1?sections=ch0…&clientToken=a3e9dfb8-8e7d-6865-d886-be0e64bd158d&np=ch01lev1sec1
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This document discusses value added versus non-value added activities. It defines value as something a customer is willing to pay for. Activities that do not add value are considered waste. The seven main types of waste are defined as waiting time, excess motion, handling, excess inventory, overprocessing, overproduction, and defects. Examples are given to illustrate each type of waste and how identifying and eliminating non-value added activities can improve efficiency.
Transport choosing mode of transport
There are many factors to consider when choosing a mode of transport. Transport options for delivering goods from or to Finland include sea, land, road, rail, air, and combined transport, using containers or semi-trailers. Key considerations include the physical characteristics of the goods, their value, type, destination distance, batch size, urgency, fragility, packaging, and loading/unloading conditions. The requirements of the specific transport mode must also be taken into account.
Concurrent engineering
Concurrent engineering is a process where project workers carry out each stage of product development at the same time, rather than completing one stage before moving to the next. This allows teams like designers and engineers to work simultaneously, shortening development time. Some advantages of concurrent engineering are faster time to market, higher quality through earlier issue discovery, lower costs by decreasing design time, and increased productivity as workers can begin contributing value immediately rather than waiting for other stages to finish.
Active listening
Listening is an important skill that impacts job performance and relationships. However, most people only remember 25-50% of what they hear in a conversation. To improve listening skills, one should practice active listening by focusing fully on the speaker without distractions, acknowledging what is said through nods or brief responses, and asking questions to ensure understanding. Mastering active listening can boost productivity, influence, and avoid conflicts through better communication.
Contract theory
Contract theory studies how people and organizations develop legal agreements in uncertain conditions with unknown factors and information asymmetry. It applies to both multi-party negotiations and contracts created by a single entity to specify agreement details. Ideally, a contract specifies all party responsibilities and requirements unambiguously to prevent disputes, but misunderstandings may still occur. Models within contract theory examine risks like moral hazard where a party acts in bad faith by withholding or misrepresenting information. Other models consider adverse selection where one party lacks risk information and signaling where a party conveys qualifying information. Contract theory applies game theory, which analyzes negotiation, conflict and cooperation between entities. Key questions involve why individuals make decisions and how individual decisions impact others.
A ship's tender
A ship's tender is a boat or ship used to transport people and supplies between larger ships and shore. Tenders serve as the link between ships that are too large to dock and land. On cruise ships, lifeboat tenders double as regular tenders but are fully equipped to function as lifeboats in emergencies. Before modern technologies, warships and submarines relied heavily on tenders for maintenance and resupply support at sea.
Nickel and dimed
The document defines three phrases: "Nickel and dimed" refers to hidden ongoing expenses that accumulate over time into a large expense. "Divisive" means tending to cause disagreement between people. "Let (or blow) off steam" refers to getting rid of pent-up energy or strong emotions.
20 80 rule
The 20-80 rule, also known as Pareto's principle, states that for many events, roughly 20% of the causes create 80% of the effects. It originated from Vilfredo Pareto's observation in 1906 that 20% of Italy's population owned 80% of the country's wealth. Later, Joseph Juran observed the "vital few and trivial many" principle, where 20% of defects cause 80% of problems. While Juran coined the term, it became known as Pareto's principle. The principle can be applied to management, sales, staff performance, and more - that 20% of inputs often lead to 80% of outputs. Managers should focus on identifying and addressing that important 20
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This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
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【业务选择办理准则】
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留信网认证的作用:
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Service vs utility
- 1. Service vs Utility- What'sthe difference?( https://wikidiff.com/service/utility) In context( economics) termsthe difference betweenservice andutilityisthatservice is(economics) actionor work that isproduced,thentraded,boughtorsold,thenfinallyconsumedwhile utilityis (economics) the abilityof acommoditytosatisfyneedsorwants;the satisfactionexperiencedbythe consumerof that commodity. In context( computing)termsthe difference betweenservice andutilityisthatservice is(computing)a functionthatisprovidedbyone programor machine foranotherwhile utilityis(computing) a software program designedtoperformasingle taskora small range of tasks,oftentohelpmanage and tune computerhardware,anoperatingsystemorapplicationsoftware. In context(sports) termsthe difference betweenserviceandutilityisthatservice is(sports) the actof initiallystarting,orserving,the ball inplayintennis,volleyball,andothergameswhile utilityis(sports) the abilitytoplaymultiple positions. As nounsthe difference betweenservice andutilityisthatservice isaneventinwhichan entitytakes the responsibilitythatsomethingdesirable happensonthe behalf of anotherentityorservice canbe service tree whileutilityisthe state orconditionof beinguseful;usefulness.