2011:10). Name : K G Sampath Kumra Registration No : MBA/15/3779 Date : 11th February 2015 Signature : ………………………. MCQs Question No Answer 01 02 03 04 05 06 07 08 09 10 (a) (b) (d) (d) (b) (c) (b) (c) (e) (d) Short Answer Questions 1. a) Opportunity cost involved in Nihal’s Decision is Rs 680‚000/- Annual Income Forgone - Rs.600‚000/- Training Cost Incurred - Rs.180‚000/- Scholarship received - Rs. (100‚000/-) Opportunity cost - Rs.680‚ 000/- Meal cost is not an opportunity
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COLD CHAIN MANAGEMENT FOR MILK AND DAIRY PRODUCTS Standard to Keep Dairy Products Fresh The fast-moving consumer goods (FMCG) and dairy industries can enjoy higher productivity and greater consumer confidence‚ with a standard that will help to ensure that dairy products are kept fresh all the way from dairy farms to supermarket shelves and home refrigerators. The Singapore Standard CP 95:2002 Code of Practice on Cold Chain Management – Milk and Dairy Products was developed for the management
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MICROECONOMICS Prices of Onion (Deshi and Indian) go up due to shortage of supply 1. Introduction: Microeconomic theory is perhaps the most important course in all economics and business programs. I am just trying to discuss about the role of theory or models in microeconomics‚ discuss the basic methodology of economics‚ and distinguish between positive and normative analysis. Our main target in this assignment is to write an essay about microeconomics related topic which is published by the
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THE MONTHLY DEMAND FOR CHICKEN IN A RURAL VS AN URBAN AREA IN GUYANA A PROPOSAL INTRODUCTION The demand for chicken refers to the quantity of chicken demanded by households (in lbs) in the identified areas (one rural and one urban)‚ at the available prices within the specified areas. It must be noted at this point‚ that the true population in any given situation is never really known. As such samples are usually collected and estimated using econometric methods. The results are then used
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Value chain and globalization Introduction The process of corporate life is always a sea change and sometimes there are high tides and sometimes are quiet times. Day to day companies are faced with new challenges‚ whether it be a consolidated organization or a small business just starting‚ always emerging issues that affect their behavior and their performance. Owing to the consequences of an impressive development of technology and globalization that we are living in this age. Nowadays are faster
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With out the chain of command there would be no real order in how we as a whole work. The purpose of the chain of command is to tell people what they can and cannot do. So why we as a grown adults follow the chain of command‚ it is simple we choose to because of the fact that we raised are right hand and said yes I will. No matter how much we disagree with someone or something we should do it and then ask questions later that is the purpose of the chain without it what would we be. Consequences for
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BUECO5903 Business Economics Assignments Part A – Microeconomics Question 1: (a) Explain the impact of external costs and external benefits on resource allocation; (2.5 marks) The external cost and external benefit is a cost or benefit imposed on people other than the consumers and producers of a good or service. External cost is negative and may be detrimental to the third party‚ conversely‚ external benefits is positive and beneficial to third party. Because of this concept‚ it
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QUESTION: Can better quality actually decrease demand? Discuss. ANSWER: I disagree with above statement‚ better quality always increases demand. As the quality increases‚ price of that good also increases and automatically the demand of that good also increases. Change in price will directly affect the quality as well. If it is decided that we can increase our market and sustain the increased price by increasing demand‚ then it is ok‚ otherwise‚ either quality is to be compromised or multi models
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Standard Methods for the Examination of Water and Wastewater 5210 BIOCHEMICAL OXYGEN DEMAND (BOD)*#(1) 5220 CHEMICAL OXYGEN DEMAND (COD)*#(2) 5220 A. Introduction Chemical oxygen demand (COD) is defined as the amount of a specified oxidant that reacts with the sample under controlled conditions. The quantity of oxidant consumed is expressed in terms of its oxygen equivalence. Because of its unique chemical properties‚ the dichromate ion (Cr2O72–) is the specified oxidant in Methods
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MARKET AND DEMAND ANALYSIS | In most cases‚ the first step in project analysis is to estimate the potential size of the market for the product proposed to be manufactured and get an idea about the market share that is likely to be captured. To make an idea about these things an in depth study and assessment of various factors like patterns of consumption growth‚ income and price elasticity of demand‚ composition of the market‚ nature of competition‚ availability of substitutes‚ reach of distribution
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