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Business opening hours a) Opportunity cost refers to the cost of the next best alternative that is foregone in a decision. In this case, it refers to the loss income by not op
QUESTION The Euro crisis will have a major impact on the Mauritian economy. Many businesses in Mauritius depend on European countries for the exportation of their products and
List and explain the seven steps in developing a global outsourcing strategy. Seven steps in developing a global outsourcing strategy - Segment the marketplace, Project change
How are knowledge and independence worked for an entrepreneur? Knowledge: An entrepreneur has complete knowledge regarding all the technicalities of his business, this is tec
Hindustan foods a leading manufacturer of food products, recorded sales of Rs 445.6 crores and a net income of Rs 54.57 crores in 2003. The company manufactured fruitcakes, cookies
Steps involved in designing a channel system, Marketing Management
Question 1: Leadership and management are two distinctive complementary systems of action. Both are necessary for the success in an increasingly complex and volatile business e
QUESTION 1 Describe how cultural diversity affects business communication, giving three advantages and three challenges of a diverse workforce. QUESTION 2 A team is a u
Problem Organisations and individuals could derive great benefits from an all-in-one Time Management Wizard. Although there exist various tools such as Calendars and Timesheets
Q. Explain the advantages and disadvantages of partnership? Advantages of Partnership Firm 1. Easy formation: A partnership firm can be formed without any compulsory lega
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