Define Opportunity Cost
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
Why is it significant to encompass a partnership deed in writing? Answer: Partnership deed is significant as it is a document stating relationship of each and every
Write a brief note on the things which Threats to business comprises?
What are the main reasons that the operation of business environment has become ever more turbulent and competitive?
Write a short note on the main working areas of the Routing and personnel department?
under gantt's bonus plan, no bonus is payable to the worker if is effeciency is less than how much?
What do you mean by the term changing business landscape?
Activity Analysis: The identification and explanation of activities in an association. The activity analysis comprises determining what activities are completed within a department and how many people execute the activities, how much
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
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