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Advantages of Entrepreneurship Development
A company is considering whether to purchase a piece of land that has come up for sale at a cost of $10 million. Two suggestions have been made for the use of the land. One is to
Organisations tend to organise their working areas by function, e.g. production, warehouse, sales and marketing, etc. Business processes occur across these functional groups requi
You work for an accounting firm. Your supervisor asks you to write a report on a new photocopier which the accounting firm can purchase. In addition to information about its hardwa
QUESTION The company is opening for new markets and is planning to set an E-Commerce site so as to offer a better service to its business partners and its customers. Elaborate
What is the prime aim of a good inventory control? A good inventory control will aim to: 1. Procure material of good quality within time 2. It doesn’t to face shortage of
Explain the relationship of basic components of the organisation. Relationship of the fundamental components of the organization: Objectives as decided within step I abov
How is the consideration of objectives affected? Consideration of objectives: As the objectives have a significant bearing onto the organization structure, merely those o
Is leadership essential to the development of ethical decision making in modern organisations?
business management
Question 1 Price or market competitiveness of a product or business depends on its cost competitiveness. Cost competitiveness implies two things-cost efficiency and cost effect
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