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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.
Lateral or horizontal communication is more important today than vertical communication. Do you agree or disagree? Justify your answer
QUESTION In 1972, Malcolm McLuhan called the world a "global village". According to the author, we are now living in a historical era characterized by the abundance of internat
assignment of this unit
Explain the difference between a Relation Schema and a Relation Instance, Database Management System
The human element is the most important input in any industrial enterprise and it is the one which is most difficult to control. Quality Management is essentially a control
Describe FIVE benefits of process mapping. Process mapping includes constructing a flowchart representation indicating processes that shows how a product or transaction is pr
Taken together, the organisation's external environment, internal context and core purpose form the basis of the its value proposition - which is an articulation of the organisatio
calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs.3 to Rs.2
VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000. First Half of the year Second Half of the year Sales Rs. 4
QUESTION 1 The following are six major types of systems that serve the various organizational needs: Executive Support Systems (ESS) Management Information Systems (MI
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