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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.
Question 1: "Training is more an investment than cost". Discuss. Question 2: (i) What do you understand by "selection"? (ii) Comment on the effectiveness of inter
Question 1: (a) Briefly describe the Environment Impact Assessment Committee and its functions (b) What do you understand by the term 'environmental sustainability' (c) List a
Probelm 1: Show the official roles of the chairperson, the secretary and members before, during and after formal meetings. Probelm 2: Consider that you are the team lea
Is anything unique about chris''s ideas?
Question 1: (i) Define a "bargaining unit". (ii) What are the factors, advocated by the Code of Practice of the Industrial Relations Act, 1973 which should be taken into a
Problem 1: (i) Describe the basic control process. (ii) Show whether control is always possible and necessary in an organization. Problem 2: (i) Using appropriate
Q.1. Discuss how information technology affects and change organizations. Q.2. How do managers use information to make decisions?
Setting Different Levels and Recorder point : Just to avoid the chances of over and under investment as well as running short of an item during the course of production m
On an individual basis, formulate a business plan to start a specialty coffee joint at an appropriate "chic location" in Singapore. The business plan has to be well written so that
carry out appropriate changes to improve the collection, formatting, storage and dissemination of information and knowledge in your organisation
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