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Problem 1:
a. What is price elasticity of demand and how is it measured?b. Using diagrams explain: (i) A good with price elastic demand (ii) A good with price inelastic demand; and (iii) A good with unit price elastic demand
c. What are the practical implications of this analysis to producers and sellers?
Problem 2:
a. Describe the term ‘opportunity cost' showing the conditions under which it is relevant.
b. Show a diagram to illustrate the concept of opportunity cost.
c. Describe the significance of opportunity cost for a business enterprise.
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
According to perter F. Drucker Reengineering is new and it has to be done. The tasks experts agree upon to successfully perform BPR can be grouped into seven steps or p
the importance of data integrity
QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can
When we refer to profitability, are we referring to more than the fact that the company is paying a dividend? Ans) Yes, absolutely. I focus on the right hand columns of the Stoc
QUESTION We spend a major portion of our time either transmitting or receiving information. Research has shown that we spend 45% of all our communicating time listening. Since
what is marketing management
Question 1: Define Communication and account for the dominant role which it plays in the function of Organisations. Question 2: Describe Planning and give an account of
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