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Definition

What is a Definition? It is a statement of the meaning of a term (a word, phrase, or other set of symbols). As well as, Descriptions can classify into two large categories, intentional purposes (which try to give the essence of a term) and extensional purposes (which proceed by listing the objects that a term describes).

Definition!

Another important category of definitions is the class of ostensive illustrations, which convey the meaning of a term by pointing out examples. Also, A term may have many different senses and multiple meanings and thus require multiple reports.

  • A statement of the meaning of a word or word group or a sign or symbol dictionary definitions. The statement expresses the essential nature of something, a product of defining.
  • The action or process of stating the meaning of a word or word group.

Production Planning Control Objectives Importance Limitations

August 4, 2025August 24, 2019 by Nageshwar Das

Production Planning and Control are interrelating and interdependent. Planning is meaningless unless control action takes to ensure the success of … Continue Reading

Categories Production Management

Production Control: Meaning, Levels, Factors, and Objectives

August 25, 2019August 24, 2019 by Nageshwar Das

Production Control: Meaning, Levels, Factors, and Objectives…All organizations irrespective of size, use production control to some degree. In small organizations, … Continue Reading

Categories Production Management

Production Planning: Meaning, Definition, Levels, and Objectives

August 25, 2019August 24, 2019 by Nageshwar Das

Production Planning: Meaning, Definition, Levels, and Objectives…Production planning is concerned with deciding in advance what is to be produced when … Continue Reading

Categories Production Management

Plant Layout: Meaning, Definition, Objectives, and Principles

June 14, 2021August 19, 2019 by Nageshwar Das
Plant Layout Meaning Definition Objectives and Principles

Plant layout means the disposition of the various facilities (equipment, materials, manpower, etc.) within the area of the site selected. … Continue Reading

Categories Production Management

Process Costing: Meaning, Characteristics, and Objectives

August 4, 2025August 13, 2019 by ilearnlot

Process Costing is a method of costing used to ascertain the cost of a product at each process or stage … Continue Reading

Categories Cost Accounting

Single Costing: Meaning, Characteristics, and Objectives

August 4, 2025August 12, 2019 by ilearnlot

The single Costing method of the ascertainment of the cost of production is suitable for those industries in which manufacturing … Continue Reading

Categories Cost Accounting

Manpower Planning Tools, Advantages, and Disadvantages

August 11, 2025August 11, 2019 by Nageshwar Das
Manpower Planning Tools Advantages and Disadvantages Image

Manpower planning tools, advantages & disadvantages are crucial for effective workforce management, enabling organizations to forecast needs, optimize resources, and … Continue Reading

Categories Human Resource Management

What is the importance of Cost accounting? Discussion

April 11, 2020August 9, 2019 by Nageshwar Das
What is the importance of Cost accounting Discussion

Importance of Cost accounting: Cost accounting is the accounting of the cost. It is made of two words-Cost and Accounting. … Continue Reading

Categories Cost Accounting

What is the different Concept of Business? Discussion

July 30, 2025August 7, 2019 by Nageshwar Das
What is the different Concept of Business Discussion

Concept of Business: Business activity has been conceptualized by many business persons, business managers and academicians in the field of … Continue Reading

Categories Business Content

Utility Analysis; Meaning, Definition, Features, and Concept

July 11, 2024August 5, 2019 by Nageshwar Das
Utility Analysis or Cardinal Approach Meaning Definition Assumptions Features and Concept

Understand utility analysis and its significance in consumer behavior. Learn about cardinal utility, its assumptions, features, and concept. Utility Analysis; … Continue Reading

Categories Business Economics
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