What does in transit to destination mean?

Marketing Research Process is a systematic method for planning and executing market research projects to inform business decisions.

The 5 Step Marketing Research Process :

1. Define the Problem or Opportunity
2. Develop Your Research Plan
3. Collect Relevant Data and Information
4. Analyze Data and Report Findings
5. Take Action.

When backed by buying, power wants become demands. 

In contrast to investment, consumption is relatively stable.

Beta is the measurement of the systematic risk of the market.

Price and quantity supplied move in the same direction. As the price decreases, quantity supplied also decreases and viceversa.

The supply curve slopes upward because for reflecting the higher price needed to cover the higher marginal cost of production. 

When you give your item to the USPS for delivery, it accepts your item and starts the process of delivery. Transit is a part of the shipment delivery process. When we say that the package is in the transit or in transit to the destination, it means that the package is on the way to the delivery.

Productivity is a result of the way that a business operates – the result of the way that its people, business processes, different functional units and suppliers come together to meet the needs and wants of its customers.

Productivity is the combination of intelligent planning and focused efforts and hence, it is a combination of Efficiency and Effectiveness.

Efficiency :

Efficiency is an internal measure of performance for companies that shows how well the company converts inputs into outputs. The more the ratio of outputs to inputs approaches 100 percent, the better the efficiency of the process will be. In simple terms, it is “doing things right” and comes from proper harnessing of time, cost and efforts.

Effectiveness :

Organizational effectiveness is an external measure of performance and indicates how well an organization fulfills the demands of various organizational stakeholders. Simply put, it is “doing the right things."