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VILLAVICENCIO 2019
“Taller de comprensión de lectura”
ORIENTACIÓN
Lea con atención el texto “Supply and Demand”, que se encuentra en el objeto de
aprendizaje de la Actividad de Proyecto 4, y conteste:
2. According to the text, mention the things people take into account to
determine the demand.
Market research findings are important in developing the overall marketing mix for
a given product. By identifying specific customer needs a business can adjust the
features, appearance, price and distribution method for a target market segment
b. As greater the expectations are, the lower will be the offer from the companies.
F (x) V ( )
a. What is Benchmarking?
Benchmarking is comparing one's business processes and performance metrics to
industry bests and best practices from other companies. In project management
benchmarking can also support the selection, planning and delivery of projects.
Also dimensions typically measured are quality, time and cost. In the process of
best practice benchmarking, management identifies the best firms in their industry,
or in another industry where similar processes exist, and compares the results and
processes of those studied (the "targets") to one's own results and processes. In
this way, they learn how well the targets perform and, more importantly, the
business processes that explain why these firms are successful. According to
National Council on Measurement in Education, benchmark assessments
Select subject
Define the process
Identify potential partners
Identify data sources
Collect data and select partners
Determine the gap
Establish process differences
Target future performance
Communicate
Adjust goal
Implement
Review and recalibrate
It refers to the level of value created for the products for the client
over the cost of producing quality systems design that ensure that
the quality can be added or meet the predetermined standards. In
Quality addition, it refers to organizational development on the basis that we
focus so much on what we do, on the development of human
resources, on commitment and involvement, as well as on training
It is the search for excellence in the areas that control input
Productivity resources, and productivity can be expressed by the volume of
production and the consumption of resources that can be costs or
capital.
Faster flows in administration, sales, production and distribution
Time have received greater attention as a potential factor for improving
productivity and competition.
5. Write the vocabulary (20 words) from the reading, and make a Glossary:
Organize the words in alphabetic order and write the meaning of each word.
The supply and demand model is used to analyze markets competitive where there
are many buyers and many sellers in where none of them has influence on the
price. The law of supply and demand reflects the relationship between the demand
that exists for a good in the market and the quantity thereof that is offered based
on the price that is established. It must be considered that the market is of free
competition, there are negotiations between the bidders and the plaintiffs and free
merchandise traffic is allowed. The theory says that speaking within a market of
perfect competition, the price of a good will be placed at a "point of equilibrium"
where demand equals supply. That point of equilibrium is the price at which
consumers are willing to buy the good