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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
Buffer inventories are held to protect against the uncertainties of demand and supply. An organizationgenerally knows the average demand for various items that it needs. How
How is the balance, flexibility and stability affected in the organisation? Balance, Flexibility and Stability: Every units of an organization should be balanced to attain
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How is the break-even point computed? The BEP (Breakeven point) can be computed by using the given relation as follows: BEP = F/(1 – V/P)
Q. Improving business processes using information system? Investment in IT (information technology) could enable a firm to cut costs improve quality and customer service and de
Question 1 (a) Explain on the process of communication, laying emphasis on the various elements that characterise the communication process. (b) What are the different
Distinguish between business function and business process
Q. Accounting system to classify business transactions? Question Jerry accepts a formal, written promise from an employee of his hotel to pay a certain sum. The employee
QUESTION 1 Discuss the merits and demerits of examining public policy from the perspective of the rational model. QUESTION 2 Discuss the ‘Pros' and ‘Cons' for governmen
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