Q1. What is an opportunity cost? How does the idea relate to the definition of economics? Which of the following decisions would entail the greater opportunity cost: Allocating a square block in the heart of New York City for a surface parking lot or allocating a square block at the edge of a typical suburb for such a lot? Explain. LO1 A1. Opportunity cost is the value of the next best thing forgone‚ this is always present whenever a choice is made. Economics is the social science that examines
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negative impact on the bottom- line of the organization. Another alternative will be to keep the original dates of the conference and move it to a different city. Time constraint could make this alternative challenging. The conference is in two weeks therefore moving the
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Bus 3310 - Practice Questions Week 1 – 2 Instructions Once you have completed the questions‚ please send me a copy of the finished product. PART 1 - Answer by highlighting the correct answer in Yellow. PART 2 – Answer in point form. I will provide you with the answer key upon reviewing your answers. Part 1 - True or False 1) An example of a goal statement that is SMART is "Jenkins Corporation expects to achieve a 5% improvement in the on-time delivery of its computer components. True
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Developing software is far from an exact science and without a structured system to guide the process a project is likely to fail. Defining and adhering to a Software Development Life Cycle (SDLC) early in the project will help to guide the development of a new information system. In addition to having the structure for the development team to work within a defined and agree upon SDLC will help to set the proper expectations for deliverables with the stakeholders and customer(s). Smith Consulting
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1. What led UPS to pursue an integrated marketing communications approach? What was the promotional objective as it repositioned itself in the "synchronized commerce" marketspace? UPS has been in the package delivery business for 95 years‚ providing services to businesses and consumers worldwide in more than 200 countries. In 1994‚ UPS began to investigate the potential of e-commerce and started an internal group focused on enabling e-commerce. UPS redefined its core business and found ways to
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The Apollo Group ( university of Phoenix) Sean Ellis BUS475 September 5‚ 2012 The Apollo Group The Apollo Group‚ Inc. has an interesting beginning and was able to finally find eventual success. The Apollo Group founded the University of Phoenix in 1976‚ the founder was Dr. John Sperling. Dr John Sperling decided to go after an opportunity that consisted of creating a university geared toward working adults. Since 1976 the Apollo Group‚ Inc. has forged ahead and found a spot on the Fortune
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Addressing International Legal and Ethical Issues Simulation Summary LAW/421 April 23‚ 2012 Prof. McAdams Addressing International Legal and Ethical Issues Simulation Summary What are the issues involved in resolving legal disputes in international transactions? All contracts that deal with outside countries must be able to have some type of legal implementation (Melvin‚ 2011 page). There has to be some type of enforcement on the contract or it may never be resolved. What are some practical
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utilizes the GET bus as her primary form of transportation every day. She finds the GET bus to be a convenient form of transportation most of the time. Since her walk to the nearest bus stop is about a mile‚ this bus rider finds this method of transportation inconvenient during extreme hot or extreme cold temperatures. She is able to reach her destinations in a timely manner by using her time management skills and a good understanding of the schedules of the GET bus. The cost to use the GET bus is not a
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Question 1 2 out of 2 points Shock resulting from massive bleeding is best classified as: Selected Answer: 3. Hypovolemic Correct Answer: 3. Hypovolemic Question 2 2 out of 2 points Children born with a small cranium and jaw‚ a thin upper lip‚ and palpebral abnormalities‚ and have a lower than normal IQ demonstrate classic signs of: Selected Answer: 1. Fetal alcohol syndrome Correct Answer: 1. Fetal alcohol syndrome Question 3 2 out of 2 points All of the following are
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Week 1 Social networking seems to have taken over our lives! Almost everyone is on Facebook and Twitter. But is this a good thing? a. What advantages and disadvantages does social networking bring to your life and to society? b. How are businesses using social networking? kjhj Week 2 Think about how mobile our computing devices have become and the convergence of different devices such as cameras‚ phones‚ and computers. What do you think the computer of the future will be like? What capabilities will
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