User Account

All Pages

Define cost minimization

Assignment Help Business Management
Reference no: EM132992801

Which of the following defines cost minimization?

  • The sacrifice made by choosing one value or opportunity over another
  • A firm's output strategy that incurs the least amount of expenditure
  • A firm's procedure for determining supply and cost that yields the greatest gain
  • The amount of utility gained by a firm as a result of producing an additional unit of a particular good

Reference no: EM132992801

Questions Cloud

Describe the processes businesses might use to improve : Describe the processes businesses might use to improve their financial performance. Discuss the importance of financial management
What distinguishes successful implementations of abc costing : What distinguishes the successful implementations of ABC costing method from those that have not succeeded? Include real-life examples
Differences between national and international marketing : 1- Differences between national and international marketing. 2- What are the main factors that favor standardization
What id the concept of business model : What id the concept of Business model and Why Business Model need to apadt with new technologes
Define cost minimization : Which of the following defines cost minimization?
Discuss the job order costing income statement : Discuss the job order costing income statement and provide a hypothetical example of a job order costing income statement in a manufacturing enterprise.
How can acquired knowledge be incorporated : How can acquired knowledge be incorporated into work practices to improve quality?
What is the workplace diversity policy : What is the Workplace Diversity policy focus for an Aged care
What is activity-based costing income statement : What is activity-based costing income statement? Try to provide a hypothetical example of activity-based costing income statement in a manufacturing enterprise.

Reviews

Write a Review

Business Management Questions & Answers

  What is your professional passion and what do you believe

In a 500-word essay, write a statement of personal and professional belief. Answer the questions: "What motivates you. What's your professional passion? What do you believe?"

  Explain knowledge management strategy

A start up is involved in providing niche solutions to its clients. The top management isn't sure of the knowledge management strategy to be followed by this st

  What is the greater good and also the consequences

In this event, what is the greater good and also the consequences/sacrifices of that greater good? Based on the details of this event, what can we learn about making important decisions as a leader and manager?

  Ability of nonprofit executives

What control should the board have over the ability of nonprofit executives to spend funds to accomplish organizational objectives? Should nonprofit executives

  Consider a survey with a margin of error

Consider a survey with a margin of error of 32?%. If you want to reduce the margin of error to 16 % comma how many people must you conduct the survey? with?

  What constitutes a good leader

What constitutes a good leader? In what ways have you experienced a good leader?

  Write a paper about uber and lyft insurance

Write a paper about Uber and Lyft insurance.

  Important information about audience analysis

Explain what characteristics of the audience must you consider and explain what communication channels are appropriate? Explain.

  What are the developments of employment relations

What are the developments of employment relations in Samoa?

  Execute pre-test through test and post-test evaluations

What are some of the challenges that an organization faces to acquire management support to prepare and execute pre-test through test and post-test evaluations?

  Why would they win the leadership competition

Why would they win the leadership competition, and what traits do they possess.

  Discuss trends significant to the industry and company

Monitoring competitors' performance is a key aspect of performing an external environment analysis. This assignment provides students the opportunity to evaluate the competitive position of one of the organizations listed below and integrate that..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd