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Organisational Planning tool
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.
measure of actual performances
What is delegation of authority and responsibility? Delegation of Authority and Responsibility: Authority means the right to command and also power to act. Respons
QUESTION 1 (a) Elaborate on the recent developments in communication theory as a field of research and study. (b) Elaborate on three main communication theories that mark th
discuss the advantages of mathematical models over over other types of models
Approaches to short-term financing problem?
QUESTION 1 The UNcitral model of law has influenced the Electronic Transaction Act 2000 and has provided an appropriate legal framework to facilitate electronic transactions an
What are the good examples of using public management tools? (in what fields)
Total Marks – 15 ( 1-2 pages answers) Large department stores are several storeys high and carry a wide range of products. In many of the departments, there are significant quanti
What are the causes of organisational change? Causes of Organisational changes are as given below: (1) External pressures: a. Change into Equipments and Technology also
Demerits of specialisation include: There is superior risk in providing only a restricted range of products or services, i.e. individual traders are not capable to enjoy
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