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It is important to distinguish between capital-intensive and labour-intensive methods of production. Capital-intensive ‘Capital’ refers to the equipment, machinery, vehicles and so on that a business uses to make its product or service. Capital-intensive processes are those that require a relatively high level of capital investment compared to the labour cost. These processes are more likely to be highly automated and to be used to produce on a large scale. Capital-intensive production is more likely to be associated with flow production (see below) but any kind of production might require expensive equipment. Capital is a long-term investment for most businesses, and the costs of financing, maintaining and depreciating this equipment represents a substantial overhead. In order to maximise efficiency, firms want their capital investment to be fully utilised (see notes on capacity utilisation). In a capital-intensive......
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Title: Trade Unions In India
Approximate Word Count: 262
Approximate Pages: 2 (250 words per double-spaced page)
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Trade Unions In India
Trade Unions In India. It is important to distinguish between capital-intensive
and labour-intensive methods of production. Capital ... ... -
Mgmt
... trades and business in India, provided they conform to the regulations concerning
residence and work permits or the equivalents thereof. Trade unions play an ... ... -
Ntuc
... corporations (MNCs) that operate in China, India and Southeast Asia. (Ministry of
Trade and Industry, 2007) To attract these MNCs, trade unions have to be a ... ... -
Trade Trend
... such as the trade unions and farmers, or contentious issues such as reforming labour
laws and reducing agricultural subsidies. Since 1990 India has emerged as ... ... -
Relevance Of Industrial Relations In Today’s Changing Scenario
... between parties, the political influence on trade unions has seen ... These workers unions
are also seen as a ... Post Liberalization Period Post 1990, India has seen ... ...



