perishable
Business
(noun)
A good that has an expiration date, or can go bad.
Marketing
(noun)
That which perishes or is short-lived.
(adjective)
Liable to perish; short lived.
Examples of perishable in the following topics:
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Perishability
- Perishability of services implies that service capacity cannot be stored, saved, returned, or resold once rendered to a customer.
- Services are perishable in two regards.
- Perishability can affect company performance as balancing supply and demand is very difficult.
- It is a perishable entity.
- Describe why business services are perishable and how perishability impacts services marketing
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Seasonal Production
- An important aspect of seasonal inventory management is the concept of perishable goods.
- This is called a perishable good.
- Perishable goods have an even greater opportunity cost when it comes to mismanaging (and erroneously predicting) demand.
- If too much of a perishable good is ordered, not only will it cost the organization in unnecessary inventory fees, but also adds the risk of never been sold at all (a complete sunk cost at that point).
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Food Spoilage by Microbes
- Food that is capable of spoiling is referred to as perishable food.
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Activity Ratios
- Inventory turnover must be rapid, as the goods being sold are perishable.
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Product, Placement, Promotion, and Price
- Perishability--unused capacity cannot be stored for future use.
- In the case of services, the "product" is intangible, heterogeneous and perishable.
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Project Management Inventory
- For example, if a given project involves perishables (such as food), there is a definite time limit on product value–once perishables spoil, their product value is zero.
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Yield Management Systems
- Yield management is the process of understanding, anticipating, and influencing consumer behavior to maximize yield or profits from a fixed, perishable resource, such as hotel room reservations and airline seats .
- Yield management is particularly suitable when selling perishable products, which are goods that become unsellable at a point in time (for example, airline tickets just after a flight takes off).
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Art of Ancient Africa
- Because much of these artworks were produced in wood and other highly perishable materials, only a small number of artworks produced before the nineteenth century survive.
- In areas such as Mali and Igbo-Ukwu, buildings constructed from perishable materials continue to be built or rebuilt in traditional styles that provide a window into the past.
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Commemorative Speeches: Dedications and Eulogies
- It is rather for us to be here dedicated to the great task remaining before us—that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion; that we here highly resolve that these dead shall not have died in vain; that this nation, under God, shall have a new birth of freedom; and that government of the people, by the people, for the people, shall not perish from the earth.
- And He who gave him to us, and who so abundantly blest his labors, and helped him to accomplish so much for his country and his race, will not permit the country which He saved to perish.
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Answers to Chapter 1 Questions
- People would have considerable search costs to find each other, and people could not store perishable products.