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Question:
(a) Describe cost benefit analysis as used to appraise large public sector investments.
(b) Compare and contrast cost benefit analysis with investment appraisal.
(c) Explain what you understand by the term following terms in the context of cost benefit analysis.
i. Shadow price ii. Social opportunity costs of capital iii. Social time preference rate
(d) What are the difficulties that occur in cost- benefit analysis that are not apparent in ordinary investment projects?
All the persons working in the organization ( inducing managers and workers ) should be involved in TQM operation if it is to serve its purpose fully. TQM is a strat
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What du you understand by line balancing
Question: (a) Describe cost benefit analysis as used to appraise large public sector investments. (b) Compare and contrast cost benefit analysis with investment appraisal.
IT is the ultimate goal in TQM and thus forms the focal element in TQM. The company should exceed the customer expectations and make him delighted. This means giving
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