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What are the benefits of leaving the allocation of country resources to the price mechanism?
Ans) The main conditions needed are:
1. Either a finite number of agents or goods.
2. No externalities - That is, the consumption of one person should not harm or advantage anyone else.
3. No matter how much a one is consuming, they must be capable to be made slightly happier by consuming a bit more of something.
Business Process Execution Language is a language that is implementable for interaction specification along with Web services. The processes of BPCL will export and import informat
Over the past few years, the company iB4e has underperformed compared with its competitors which enjoy stronger brand recognition. In addition, lots of experienced staff responsibl
ssignment of business organization
a. It results in dislocation of production process and causes excessive delays or reduction in output. b. Wages are to be paid for idle time resulting in loss of profits.
(a) Briefly describe the role of Business Intelligence (BI) in the modern organization. (b) Discuss the organisational decision making process and identify how various Busine
Question: "Although there may be general agreement from time to time on what constitutes best management practice, the theoretical ingredients will tend to vary. Management th
The idea of humans as capital means that humans have a particular worth to a company (or society). Education enhances that worth, making individuals more able to contribute to a co
This is a modern concept having excellent future prospects. Maintenance is more relevant with palnt and machinery of mechanical design having more number of moving parts.
transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers'' agents?
The Bank has developed a reputable brand in the Australian and New Zealand markets and is now looking for suitable acquisitions and strategic partnerships in foreign markets in ord
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