Classify the factors of production on the basis of the first two points listed above (tangible and intangible, mode of participation in the productive combination), for the following businesses:
1) “How is made chocolate”
2) “How is made honey”
3) “How is made Pringles”
A) The factors of production in the Chocolate industry:
ReplyDeleteTangible: cacao beans, machinery, package, equipment, sugar, cacao butter, milk, land;
Intangible: brand, services, labour, reputation of the firm, know-how, skills.
Non-durable: raw materials as cacao beans, sugar, cacao butter, milk, work, goods;
Durable: machinery, equipment, property,land, furnishings, brands.
B) The factors of production in the Honey factory:
Tangible: honey, wax, jars, machinery, equipment, land;
Intangible: brand, labour, reputation of the firm, know-how, skills.
Non-durable: raw materials as honey and waw , labours, goods;
Durable:machinery, equipment, land, brands, patents.
C) The factors of production in the Pringles azienda:
Tangible: water, corn starch, potatos flakes, paper, glue, tinny covers, machinery and equipment, land.
Intangible:brand, services, labour, reputation of the firm, know-how, skills.
Non-durable: raw materials as potatos flakes, corn starch, water, paper, etc, works, goods;
Durable: machinery, equipment, brands, licenses.
Chocolate firm
ReplyDelete-Intangible factors: labour, the brand (chocolates El Rey), skills, know how
-Tangible products: machinery, equipment, natural ingredients, land, building
-Non durable factors od production: work, natural ingredients (cacao beans, sugar, milk), confections, other raw materials
-Durable factors of production: machinery, equipment, property
Honey firm
-Intangible factors: labour, brand, skills, know how
-Tangible factors: machinery, equipment, natural ingredients, bees, land, building
-Non durable factors: work, natural ingredients (honey), confections, labels and other raw materials
-Durable factors: machinery, equipment, property, bees
Pringles firm
-Intangible factors: labour, the brand, skills, know how
_tangible factors: machinery, equipment, natural ingredients (potatoes flakes, water, oil, etc.), paper, metal heads, glue, etc.
-Non durable factors: work, natural ingredients, confections (tubes)
-Durable factors: machinery, equipment, property
A) Tangible: cacao beans, machinery, package, , equipment, sugar, cacao butter, land, milk.
ReplyDeleteIntangible: brand, services, reputation, labour, , know-how, skills.
Non-durable: raw materials, workers.
Durable: machinery, equipment, land, furnishings, brand.
B) Tangible: honey, jars, machinery, equipment, hives ;
Intangible: brand, labour, reputation, know-how.
Non-durable: raw materials , labours, goods, workers.
Durable: machinery, equipment, land, brand, patents.
C)Tangible: water, corn starch, potatos flakes, paper, glue, tinny covers, machinery and equipment, land.
Intangible:brand, services, labour, reputation of the firm, know-how, skills.
Non-durable: raw materials, corn starch, water, paper, workers.
Durable: machinery, equipment, brand, licenses.
1) -Tangible factors: machinery,sugar, cacao beans, milk and land;
ReplyDelete-Intangible factors: brand,labour, know-how;
-Durable factors:machinery, land and brand;
-non-durable factors: raw materials and natural ingredients.
2)-Tangible factors: honey,machinery, hives,bees and land;
-Intangible factors: brand, labour, know-how and skills;
-Durable factors:machinery, land and brand;
-Non-durable factors:raw materials, workers and labour.
3)-Tangible factors: water, machinery,land, potatoes flakes, corn starch;
-Intangible factors: brand, labour, know-how and skills;
-Durable factors: machinery, brand and property;
-Non-durable factors: raw materials, workers and water.
1) Tangible factors: machinery, equipment, natural ingredients(milk.cocao beans,land)
ReplyDeleteIntangible Factors: brand ,labour, services , know-how
Durable Factors: machinery,land,equipment
Non-Durable Factors: natural ingredients, raw materials , workers
2) Tangible Factors:honey,bees,jars,machinery,equipment, natural ingredients
Intangible Factors:brand,labour,know-how
Durable Factors:machinery, equipment, land
NonDurable Factors: raw materials , natural materials ,labour
Non-Durable Factors:
1) Chocolate production
ReplyDeleteTangible: cocoa beans, machinery equipments, packaging materials, land
Intangible: brand, services, labour, firm's value
Durable: land properties, machines, furnishings
Non-durable: the raw materials, such as, honey bee, sugar, cocoa butter, milk
2) Honey production
Tangible: bees products, the boxes where they are gained
Intangible: services and other involved
Durable: bees, land properties, machines and others that usually can be used more than one time in the entire life of the firm
Non-durable: the honey gained, wax
3) Pringles productions
Tangible: potatoes ...
Intangible: labour, services
Durable: machiney equipments ...
Non-durable: raw materials, goods, labour...
Chocolate production
ReplyDeleteIntangible factors: labour, services, brand, know-how
Tangible factors: machinery, equipments, natural ingredients, land
Durable factors: machinery, equipments, land
Non- durable factors: raw materials, worker, confection
A) The production factors of the chocolate factory are:
ReplyDeleteTangible factors: buildings, workers, machinery, packaging materials, equipment, cocoa beans, sugar, butter, milk and labor camps.
Non-tangible factors: patents, goodwill, installation costs, brand, services, reputation, job, know-how, expertise, collaboration and dissemination of the product.
Factors durable: machinery, equipment, labor camps, mark.
Factors nondurable: raw materials, labor, and skills.
B) The production factors of the honey factory are:
Tangible factors: buildings, honey, jars, machinery, equipment, bees, land, crates of bees, wax, workers and the labels of the cans.
Non-tangible factors: patents, goodwill, installation costs, brand, job, reputation, expertise, knowledge, the synergy between the workers and the disclosure of the product.
Factors durable: machinery, equipment, land and brand.
Factors nondurable: raw materials, labor, goods, labor, and knowledge.
C) The factors of production of the factory Pringles are:
Tangible factors: buildings, water, corn starch, potato flakes, paper, labels, machinery, equipment, land and workers.
Non-tangible factors: patents, goodwill, installation costs, brand, services, labor, the reputation of the firm, know-how, skills, synergy and disclosure.
Factors durable: machinery, equipment, mark.
Factors nondurable: commodities, corn starch, water, paper, and knowledge workers.
The classification of machinery and equipment as durable goods is true because they offer a service for a big temporal extension and they can be used in more productive cycles. But inevitably they too will face the deterioration, disposal and subsequent replacement.
1) How is made chocolate
ReplyDeleteTangible: cocoa, machinery, equipment, sugar, milk, packs
Intangible: brand, services, labour, know-how, skills
Durable: brand, machinery, equipment, labour, know-how skills,
Non-durable: cocoa, sugar, milk, packs, services
2) How is made honey
Tangible: bees, hives, machinery, equipment, packing material
Intangible: brand, services, labour, know-how, skills.
Durable: bees, hives, machibery, equipment, brand, labour, know-how, skills
Non-durable: packing material, services
3) How is made Pringles
Tangible:paper, foil, glue, water, potato flakes, cornstarch, oil, machinery, equipment
Intangible: brand, services, labour, reputation of the firm, know-how, skills.
Durable: machinery, equipment, brand, labour, reputation of the firm, know-how, skills
Non-durable: paper, foil, glue, potato flakes, cornstarch, oil
Observing manufacture of those products: chocolate, honey, Pringles we can classify the production factors in the following way: tangible and intangible but also durable or non-durable.
ReplyDeleteWe will notice that non-durable products are often those tangible (cocoa, grains, hive of honey, honey, patato flakes, cornstarch ...) and the durable products are intangible (machines, workers, skills, brand , services)
1) How is made chocolate
ReplyDeleteTangible: machineries, cocoa grains, sugar, milk, packages
Intangible: labour, brand, services…
Durable: brand, machinery, services…
Non-durable: cocoa grains, sugar, labour, milk, packages
2) How is made honey
Tangible: machinery, bees, bee hives, the equipment, packing material
Intangible: services, brand, labour…
Durable: bees, bee hives, machinery, brand, services
Non-durable: packing material, labour…
3) How is made Pringles
Tangible: paper, foil, glue, water, potato flakes, corn-starch, oil to fry, machinery,
Intangible: brand, services, labour…
Durable: machinery, equipment, brand…
Non-durable: paper, foil, glue, potato flakes, corn-starch, oil to fry, labour
_How is made chocolate?
ReplyDeleteTangible: machinery, equipment, sugar, cocoa, milk. Intangible: brand, labour, skills, services.
Durable: machinery, equipment, brand, labour, skills, Non-durable: sugar, cocoa, milk, services.
_How is made honey?
Tangible: bees, hives, machinery, equipment, packing staff. Intangible: services, labour, skills.
Durable: bees, hives, machibery, equipment, labour, skills. Non-durable: packing staff, services.
_How is made Pringles?
angible: paper, water, potato flakes, oil, machinery, equipment. Intangible: brand, labour, skills, reputation.
Durable: machinery, equipment, brand, labour, reputation, know-how, skills. Non-durable: paper, potato flakes, oil.
Factors of production for chocolate
ReplyDeleteTangible: machinery, equipment, ingredients, building
Intangible: brand name,
Durable:machinery, equipment, building
non-Durable: ingredients
Factors of production for honey
Tangible: machinery, equipment, ingredients, building, bees, honey
Intangible: skills of employees, brand name
Durable:machinery, equipment, building
Non-Durable: ingredients
Factors of production for Pringles
Tangible: machinery, equipment, ingredients, building
Intangible: skills of employees, brand name
Durable:machinery, equipment, building
Non-Durable: ingredients, honey, labels
A) How is Chocolate made?
ReplyDeleteTangible assets; Machinery of production, other machinery for communication etc, ingredients such as sugar and cocoa, materials for packaging if not outsourced, Factory
Intangible Assets; Brand Power, Clientele, Good will, Recipe, Labour, Skills, Reputation, patents
Durable; Factory, Machinery, workforce, brand, recipe, patents
Non-Durable; Raw materials, ingerdients
B) How is honey made?
Tangible assets; Bees, Hives, equipment, machinery, packaging
Intangible; Brand, Clientele, Good Will, patents, services, labour
Durable; Bees, Staff, patents, machinery
Non-Durable; honey, bee hives
C) How are pringles made?
Tangible assets; Ingredients, machinery, packaging
Intangible assets; brand, labour, patents, skills, good will, recipe
durable; machinery, recipe, brand, reputation
Non-Durable; Ingredients, packaging, oil
A) chocolate business:
ReplyDeleteTangible: cacao grains, machinary, equipment, cacao butter, labor, milk, package, land
intangible: know-how skill, reputation, brend, goodwill
non durable: raw materials, work, energy
durable: machinary, land, buildings, brand, equipment
B) honey business:
tangible: bees, honey, wax, jar, machinary, land, factory, equipment
intangible: know-how skill, reputation, brend, goodwill
non durable: raw materials, work, energy
durable: machinary, land, buildings, brand, equipment
C) pringles company
Tangible: potatos, corn, glue, paper, machinary, equipment, land, buildings
intangible: know-how skill, reputation, brend, goodwill
non durable: raw materials, work, energy
durable: machinary, land, buildings, brand, equipment
1) CHOCOLATE INDUSTRY
ReplyDeleteTangible products: cacao, sugar, butter, milk, equipment and machinery
Intangible products: services, labour, services, know-how, brand.
Durable factors: machinery, land , brands.
Non durable factors: raw materials, goods
2) HONEY FACTORY
Tangible: honey, machinery, equipment, land, bees
Intangible: labour, brand, skills, know-how.
Durable: machinery, brands, property.
Non durable: raw materials, labour, goods.
3) PRINGLES AZIENDA
Tangible: water, potatoes, paper, machinery, equipment.
Intangible: brand, services, labour, know-how.
Durable: work, confections, raw materials.
Non durable: machinery, property.
1) Chocolate
ReplyDeleteTangible factors: machinery, equipment and ingredients (cocoa grains, sugar, milk,butter)
Intangible factors: brand, labour, know-how
Durable factors: machinery, equipment, property
Non durable factors: raw materials, work
2)Honey
Tangible factors: building, machinery, equipment, land, honey, bees
Intangible factors: brand, labour, know-how
Durable factors: equipment, property, land, machinery
Non durable factors: raw materials, work
3) Pringles
Tangible factors: propery, equipment, machinery, ingredients (water, corn starch, potatos flakes), glue, tinny covers...
Intangible factors: brand, labour, know-how
Durable factors: machinery, property, equipment
Non durable factors: raw materials, work
Andrea Gaudiomonte
ReplyDeleteFactors of production of the chocolate firm are :
-Tangible products: machinery, equipment, land, building.
-Intangible factors: labour, human capital, brand.
-Non-durable factors of production: work, natural ingredients such as milk, cacao beans and sugar.
-Durable factors of production: machinery, equipment, property.
Factors of production of the honey firm are:
-Tangible factors: machinery, equipment, natural ingredients, land, building.
-Intangible factors: labour, brand, human capital.
-Non-durable factors: work, and natural ingredients such as honey.
-Durable factors: machinery, equipment, property.
Factors of production of the Pringles firm are:
-Tangible factors: machinery, equipment, natural ingredients such as potatoes flakes, oil, paper, glue, water ect ect.
-Intangible factors: labour, the brand, Human capital.
-Non-durable factors: work, natural ingredients, confections.
-Durable factors: machinery, equipment, property.
1) Factors of production in the chocolate industry:
ReplyDelete- Tangible: machinery, land, equipment and ingredients.
- Intangible: labour, skills, knowledge and developing process.
- Durable: equipment, machinery and building.
- Non-durable: work, ingredients and human efforts.
2) Factor of production in the honey factory:
- Tangible: machinery, land, equipment, bees and beehive.
- Intangible : beekeeping process, labour, skills.
- Durable : buildings, capital and equipment.
- Non-durable: honey, products for packaging, work.
3) Factors of production in the Pringles firm:
- Tangible : machinery, ingredients, cardboard paper, metal and structures.
- Intangible : labour, brand, human knowledge.
- Durable: equipment, properties, recipe.
- Non-durable: raw materials, confections, work efforts.
CHOCOLATE FIRM
ReplyDeletetangible: machinery, equipment, packaging, land, natural ingredients
intangible: labour, services, brand, skills, know-how
durable:machinery, equipment, brand
non durable: raw materials (chocolate, milk, vanilla, sugar), workers
HONEY FIRM
tangible: machinery, equipment, jars, land, bees
intangible: labour, services, brand, skills, know-how
durable: machinery, equipment, brand, bees
non durable: raw materials (honey), workers
PRINGLES FIRM:
tangible: machinery, equipment, land, natural ingredients
intangible: labour, services, brand, skills, know-how
durable: machinery, equipment, brand
non durable: raw materials ( potatoes, water), workers
Factors of Chocolate production
ReplyDeleteTangible:machinery,ingredients,equipments
Intangible: knowledge,recipe,name of the brand
Durable:machinery, equipment
non-Durable: ingredients
Factors of Honey production
Tangible: bees,machinery, equipment, ingredients
Intangible: name of the brand, knowledge
Durable:machinery, equipment,bees
Non-Durable: ingredients ,
Factors of Pringles production
Tangible: machinery, equipment, ingredients
Intangible: skills of employees, brand name,recipe
Durable:machinery, equipment
Non-Durable: ingredients,labels
1) Chocolate factory:
ReplyDelete-Tangible: cacao, sugar, butter, milk, machinery, buildings, land.
-Intangible: labour, skills, know-how, reputation.
-Durable: machinery, buildings, land.
-Non durable: raw materials.
2) Honey factory:
-Tangible: bees, honey, machinery, land.
-Intangible: labour, skills, know-how, reputation.
-Durable: machinery, buildings, land.
-Non durable: raw materials.
3) Pringles factory:
-Tangible: water, potatoes, paper, machinery, buildings, land.
-Intangible: labour, skills, know-how, reputation.
-Durable: machinery, building, lands
-Non durable: raw materials.
Chocolate business:
ReplyDeleteTangible: cacao beans, sugar, butter, milk, machinery, package, equipment, building, land
Intangible: labour, brand , skills, know-how
Durable: machinery, equipment, property
Non durable: workers, raw ingredients
Honey business:
Tangible: jars, bees, machinery, equipment, raw ingredients, building, land
Intangible: labour, brand, skills, know-how
Durable factors: machinery, property,equipment
Non durable: workers, raw ingredients, confections, labels
Pringles business
Tangible: potatoes, flakes, water, oil, machinery, equipment, paper, metal heads, glue
Intangible: brand, labour, skills, know-how
Durable: property, machinery, equipment
Non durable: workers, raw ingredients, paper tubes
Chocolate
ReplyDelete-Tangible:sugar, butter, milk, cacao beans, machinery, equipments, land, building, package
-Intangible: Recipe, labour, skills, reputation, know-how, brand
-Durable: equipment, machinery, property,
-Non durable: raw materials, workers
Honey
-Tangible: bees, honey, equipment, machinery, land.
-Intangible: labour, skills, know-how, reputation,
-Durable: equipment,machinery, buildings, land.
-Non durable: raw materials, workers
Pringles:
-Tangible: water, potatoes, paper, land, buildings, machinery
-Intangible: labour, skills, know-how, reputation, brand
-Durable: machinery, equipment, building, lands
-Non durable: raw materials, workers, labels
1) -Tangible factors: machinery,sugar, cacao beans, milk and land;
ReplyDelete-Intangible factors: brand,labour, know-how;
-Durable factors:machinery, land and brand;
-non-durable factors: raw materials and natural ingredients.
2)-Tangible factors: honey,machinery, hives,bees and land;
-Intangible factors: brand, labour, know-how and skills;
-Durable factors:machinery, land and brand;
-Non-durable factors:raw materials, workers and labour.
3)-Tangible factors: water, machinery,land, potatoes flakes, corn starch;
-Intangible factors: brand, labour, know-how and skills;
-Durable factors: machinery, brand and property;
-Non-durable factors: raw materials, workers and water.
The factors of production in the Chocolate industry:
ReplyDeleteTangible: cacao beans, machinery, package, equipment, sugar, cacao
Intangible: brand, services, labour, reputation, skills.
Non-durable: raw materials as cacao beans, sugar, cacao butter, milk,
Durable: machinery, equipment, property,land, furnishings, brands.
The factors of production in the Honey factory:
Tangible: honey, jars, machinery, equipment,
Intangible: brand, labour, reputation, skills.
Non-durable: raw materials, goods;
Durable:machinery, equipment, land, brands, patents.
The factors of production in the Pringles azienda:
Tangible: water, corn starch, potatos, paper, glue,machinery, land.
Intangible:brand, services, reputation, skills.
Non-durable: raw materials as potatos flakes, water, paper
Durable: machinery, equipment, brands, licenses.
The factors of production in the Chocolate industry:
ReplyDeleteTangible: cacao beans, machinery, package, equipment, sugar, cacao butter, land, milk.
Intangible: brand, services, reputation, labour, know-how, skills.
Non-durable: raw materials, workers.
Durable: machinery, equipment, land, furnishings, brand.
The factors of production in the Honey industry:
Tangible: honey, jars, machinery, equipment, hives.
Intangible: brand, labour, reputation, know-how.
Non-durable: raw materials , labours, goods, workers.
Durable: machinery, equipment, land, brand, patents.
The factors of productions in the Pringles industry:
Tangible: water, corn starch, potatos flakes, paper, glue, tinny covers, machinery and equipment, land.
Intangible: brand, services, labour, reputation of the firm, know-how, skills.
Non-durable: raw materials, corn starch, water, paper, workers.
Durable: machinery, equipment, brand, licenses.
Chocolate company
ReplyDelete-Intangible factors: labour, the brand, skills, productivity, services
-Tangible products: machinery, equipment, natural ingredients, land, building
-Non durable factors: work, cacao beans, sugar, milk, confections, other raw materials
-Durable factors: machinery, equipment, property, brand
Honey company
-Intangible factors: labour, brand, skills, productivity, services
-Tangible factors: machinery, equipment, natural ingredients, bees, land, building
-Non durable factors: work, honey, confections, labels and other raw materials
-Durable factors: machinery, equipment, property, bees, brand
Pringles company
-Intangible factors: labour, brand, skills, productivity, services
_ tangible factors: machinery, equipment, potatoes flakes, water, oil, paper, metal heads, ect
-Non durable factors: work, natural ingredients, tubes
-Durable factors: machinery, equipment, property, brand
chocolate.:
ReplyDeletetangible. cacao beans, machinery, sugar, equipment, cacao, package, land, milk
intangible.
brand, labour, services, reputation, skills
durable.
machinery, equipment, land, brand
non-durable. raw material, cacao, sugar, milk, butter,
HONEY:
tangible. jars, honey, machinery, equipment,
intangible. brands, labour, services, skills, reputation
durable. machinery, land, brand, equipment
non-durable. raw material, labour, goods, workers
Pringles:
tangible. corn starch, water, potatoes flakes, paper, covers, machinery, land, equipment, glue
intangible. brands, services, labour, reputation, skills
durable.
licence, machinery, equipment, brand
non-durable. raw material, corn starch, water