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- Factor of productionWhat is a factor of production? DefinitionFactors of production are the limited resources needed to create goods and services, including land, labor, capital, and entrepreneurial skills.In business terminology, this phrase also describes a resource that is used to create a product or service.Factors of production are divided into:- labor resources, or labor;- investment resources, or capital;-...0 Commenti 0 condivisioni 7419 Views 0 Anteprima
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- Profession head-hunterA head hunter is a specialist in finding candidates for key, responsible and high positions for the company. The head hunter is looking for candidates among successful people, "one-off" professionals who are not going to change their place of work. This is the difference between a head hunter and a recruiter. Among the objects of attention of headhunters, IT specialists are currently in the...0 Commenti 0 condivisioni 4186 Views 0 Anteprima
- CapitalCapital (from the Latin capitalis "main, basic", from the root caput - "head, unit, thing", in the meaning of counting cattle by heads is a broad term that includes physical capital (capital goods - buildings, equipment, software, stocks), financial capital (money), human capital (education, training, intelligence, skills, health). In macroeconomics, physical capital (capital goods,...0 Commenti 0 condivisioni 3697 Views 0 Anteprima
- Product Development: In-House vs. OutsourcingProduct Development: In-House vs. OutsourcingThere are two approaches to developing digital products: doing it in-house and outsourcing it to a contractor. Let's look at the pros and cons of both options and what to choose for a business. What is in-house development and when is it usedIn-house development (from the English inhouse - internal) is the process of creating a website, application...0 Commenti 0 condivisioni 3705 Views 0 Anteprima
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- OutsourcingOutsourcing is the transfer by an organization on the basis of a contract of certain types or functions of production business activities to another company operating in the desired field. Unlike services and support, which have a one-time, episodic or occasional nature and are limited to the beginning and end, the functions of professional support for the uninterrupted operation of individual...0 Commenti 0 condivisioni 15148 Views 0 Anteprima
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