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a) Opportunity cost refers cost calculated in terms of the next best alternative choice that is predetermined when a decision is made. In this case, the opportunity cost to Peckham Traders Ltd. in selecting to locate in Kazakhstan would be the inevitable opportunities that could be reaped if it located in South Korea (and vice versa).Subtract one mark for each error (but award according to the Own Figure Rule) grant maximum marks only if the candidate shows which of the two options is the best choice, i.e. South Korea.
Organization structures for maintenance vary across companies the deciding factors on a particular type being the nature of industry ( electrical chemical or mechanical) size
explain time series and its usefulness
How is sales forecasting affected in marketing management? Sales Forecasting: Forecasting is fundamentally the art of anticipating that buyers are probable to do under a
How is the responsibility and authority affected in the organisation? Responsibility and Authority: Responsibility implies accountability. This is the obligation of the s
Problem 1 Identify various factors determining the retail location decision Detail explanation of 12 factors to determine the retail location decision Problem 2
Question : KVC is situated about 50 km out of Vacoas. It produces organic jams, chutneys, juices, purees etc. and exports to African countries under the label "Legends". It als
Technology has transformed organisations, industries and ways of doing business. Explain the reasons for the growth of business-to-consumer (B2C) trading through onlin
What are the important objectives of job evaluation? Objectives of job evaluation are as given below: 1. Chooses the relative values of various jobs in an organization. 2
Question 1 What is culture? Explain its characteristics and list out the various types of culture Question 2 What is conflict in an organization? What are the sources and
QUESTION (a) What are the different stages of team development and elaborate on each of them and explain the importance of each of these stages. (b) The ‘reflective thinking
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