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What is Cost Benefit Analysis?
Cost Benefit Analysis:
This analysis is a mathematical technique for decision-making. This is a quantitative technique used to calculate the economic costs and the social benefits related with an exact course of action. In this case, an effort is made to know all costs and benefits, not only those which may be expressed into rupees, but also the less simply computed effects of a specified decision.
Business losses per defect that happens during operation Business interruption costs; costs of work-arounds Lost sales and lost goodwill Litigation costs resulting from de
What are the processes of producing budgets? The process of producing budgets: • A budget manual is formed to provide instructions, delegate responsibilities, reporting line
Question 1: As a Business development Officer, how you will bring business to a CRO? Responsibilities and roles of Business development Officer in a CRO Method and Tec
In order to adopt and initiate TQM within any organization it is necessary to understand the key elements. These elements which form the essential core of the TQM phil
How are carrying costs varied with quantity order? Carrying Costs, that vary along with quantity ordered, contained as a. There Interest on capital investment b. There Co
Organisational Style: Whether the participative approach can really work depends upon the type of organisation and its' functioning. An open organisation is more likely to en
I mplementation risks There are many problems which have caused the cost-of-quality approaches to fail. It is unwise to achieve too much too fast. For ex
The Board of PCC Company, which operates in the investment and risk management industry, has explained that in order to 'take the company to the next stage of its growth' there wil
Functional organisation In this type of organisational structure people are grouped into functional divisions such as production or marketing. Every employee reports to a super
What do you mean by the term dependency? How can project dependencies be shown for planning reasons? Dependency arises when, for illustration, task or deliverable 'A' should be
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