What is containerization and how did the innovative use of containers transform the distribution of goods? “Containerisation is a method of distributing merchandise in a unitised form suitable for transportation by rail‚ road‚ air‚ canal and sea.” (Branch‚ 1996‚ p.194). The simple principle of the container has undoubtedly made the global economy grow‚ and brought the world closer together through ease of transportation (Wetherly & Otter‚ 2008‚ p.86-7). To be able to use one single sized unit
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and how did the innovative use of containers transform the distribution of goods? The containerization just has a short history until now‚ and it started from year 1951‚ but it is developing rapidly‚ it changed the global transportation system. Containerisation can be defined as a system of intermodal freight and cargo transport using standard ISO ( International Standardization Organization ) containers ( known as Shipping Containers or Isotainers) that can be loaded and sealed intact onto container
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| 2010 | | | [Containerisation] | A Study of Container Shipping By Kieran Alcock | Introduction “Containerization (or containerisation) is a system of intermodal freight transport using standard intermodal containers as prescribed by the International Organization for Standardization (ISO). These can be loaded and sealed intact onto container ships‚ railroad cars‚ planes‚ and trucks.” The shipping container is one of the most significant inventions of the twentieth century
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BSBA III- Financial Management Credit and Collection ADVANTAGES OF CREDIT It’s convenient to use in a wide variety of place in stores‚ on the phone or online. You can manage your budget using your monthly statement with the details of all purchases. It is safer than carrying a lot of cash. You can earn prizes like rebates or points. DISADVANTAGES OF CREDIT If you make late payments‚ do not pay the balance in full‚ or exceed your credit limit‚ you will have to pay extra in fees and interest. Credit
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THE ADVANTAGES AND DISADVANTAGES OF THE INTERNET TO SELECTED SECOND YEAR STUDENTS OF SANTA ROSA SCIENCE AND TECHNOLOGY HIGH SCHOOL DURING THE SCHOOL YEAR 2011-2012 A Research Proposal In Partial Fulfilment of The Requirements for Research I Researchers: Dalina‚ Adrienne Valerie D. Conoza‚ Adrian Paul B. David‚ Paulo Niko F. Villadiego‚ Roi Yves H. Ascaño‚ Justine Mae R. Dimafelix‚ Shaira Harvey D. Quogana‚ Krizel Mae E. Diaz‚ Miccaela D. Submitted To: Dr. Socorro Escape
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The advantages and disadvantages of multimedia There are a couple of advantages and disadvantages to using multimedia in communication. I’m only going to a list a few important ones below. If you are interested to know more‚ visit one of the given websites by just following the links. Advantages: • It is very user-friendly. It doesn’t take much energy out of the user‚ in the sense that you can sit and watch the presentation‚ you can read the text and hear the audio. • It is multi sensorial
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Advantages of marginal costing (Relative to the absorption costing) Preparation of routine operating statements using absorption costing is considered less informative for the following reasons: 1. Profit per unit is a misleading figure: in the example above the operating margin of Rs2 per unit arises because fixed overhead per unit is based on output of 5‚000 units. If another basis were used margin per unit would differ even though fixed overhead was the same amount in total 2. Build-up or run
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Advantages and disadvantages of democracy. Concepts of democracy (essay) I’m going relate about democracy regime of operation. Actually I’ll do accent on disadvantage of democracy. Because majority of the country is developing in democracy way‚ but not every country achieves perfection in spite of that democracy is the best and more acceptable way of operation. Disadvantages of democracy. I think who represent the democracy system is the ideal political regime they aren’t right. In practice
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What are the differences between absolute advantage and comparative advantage? Absolute advantage and comparative advantage are two basic concepts to international trade and perhaps two most important concepts in international trade theory. Under absolute advantage‚ one country can produce more output per unit of productive input than another. With comparative advantage‚ if one country has an absolute (dis)advantage in every type of output‚ the other might benefit from specializing in and exporting
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What is the difference between competitive advantage and comparative advantage? Answer: An advantage that a firm has over its competitors‚ that differentiates the Product or services offered by the firm and allows the firm to reduce it’s Cost or generate Higher Revenue or Margin is known as Competitive Advantage. A competitive advantage is something that a consumer views in a product or service as having higher value than the other competitors of the firm in the industry. It is an expertise that
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