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What are the formal and informal sectors? Formal and informal sectors: Economic activities considered as to the government make up the formal sector of the economy. That
Describe the difference between value management and value engineering. Value Engineering: It is concerned all along with determining the cheapest method of accomplishing
Explain the concept of scarcity, and the role it plays in decision making
What are Harrod-Domar restrictions? Harrod-Domar restrictions: • Non economic social, cultural, political and institutional circumstances are unimportant into growth pro
theory of economies of scale,dis-economies,intergration
An organization that manages the creation and dissemination of rules and standards in approximately every U.S. business division. ANSI is also keenly involved in the accreditation
What are the Economies at Different Stages of Development? Economies at Different Stages of Development: • LDCs (Less Developed Countries) share common features but all one
What are the difficulties of Developing Economies? Problems of Developing Economies: • Internal and external difficulties limit LDCs opportunity for development. • Les
Problem 1 Describe the methods of environmental analysis-SWOT, PEST. Strength, Weakness, Opportunity, Threat Political, Economic, Social, Technological Environment
I want to do few projects on this topic.
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