Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
production concept marketing concept selling concept product concept
there is no concept!
there is no concept!
selling concept is a traditional concept of marketing. In traditional concept emphasis was on only selling the products.
No it is a production concept as of October 2011
yes, production is a stock concept and income is a flow concept.
The flow concept is the one in which goods and services move from person to person. In the stock concept, stocks build up or get depleted, they do not flow.
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
concept of per stock in hotel industry
No, it is a stock measure, as in, it is measured at a given point in time. Income on the other hand IS a flow measure, you must specify a time period for it ex. income per month or per year.
Give me your extra dollars
Demand is a flow concept because our willingness and ability to buy is subjected to a timeperiod. At different times, we may have different demand schedules.
resistor is to resists the flow of current
Negative to positive
The specific details and information flow a particular industry.
circular flow
production concept marketing concept selling concept product concept