In microeconomic theory‚ the opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative
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to waste‚ abuse‚ mismanagements‚ errors and fraud. Promote adherence to statues‚ regulations‚ bulletins and procedures. And lastly‚ develop and maintain reliable finance and management data and accurate data reporting in a timely manner.
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Evaluating Servant Leadership What is servant leadership? When this question is asked‚ the first response that comes to mind is a leadership role in some sort of spiritual capacity. In actuality‚ this concept can be applied to both professional and spiritual roles of leadership. Robert K. Greenleaf’s theory of servant leadership includes qualities such as listening‚ empathy‚ healing‚ awareness‚ persuasion‚ conceptualization‚ foresight‚ stewardship‚ growth and building community (Greenleaf‚ 2002)
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Revenue sources Education systems need to raise sufficient revenues to ensure that‚ if used efficiently‚ students may reach appropriate learning goals at each education level. In general‚ countries raise revenues for education through three broad sources: international‚ public and private. A big challenge for many countries is raising sufficient revenues to expand enrollment while maintaining‚ or even raising‚ school quality. While increasing efficiency in the use of resources is necessary‚ countries
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Algebra I Cost-Revenue Business Project This project is designed for you to demonstrate your understanding of systems of linear equations. Before starting‚ read the entire project outline and requirements. During this project you are to do the following: 1) Pair up with a partner and create a business that sells one commodity of your choice (points for creativity). 2) Create a Market Research Survey that will be used to survey 50 students to help you discover what potential customers are looking
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Searching for Revenue-Google The search engine‚ Google‚ has been deemed and is famous for its highly successful search engine. This unit closing case reveals how Google has become a powerful search engine by detailing on how Google works‚ how revenue is made by ADWords‚ and by explaining the expansion of Google. Google works with the web server which sends the query to the index servers then travels to the document servers and finally returns the results back to the users. Revenue for Google is
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Opportunities at Aramco: There are many opportunities in Aramco for engineer and business majors. For example‚ they look for chemicals‚ electrical‚ mechanical and drilling engineer because all these major help the company for its productions. Although business major such as finance‚ marketing and management information system‚ can help with organizing the seasons of marketing and the record of the market. Saudi Aramco is a big company‚ which required high skill‚ and they afford local and overseas
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Evaluating Market Structures Economics 212 Abstract Many types of market structures exist‚ with each market structure proving more effective than the other for certain firms. If a firm choses to enter a different market structure then that firm’s financial success will either diminish or flourish accordingly; the latter is usually the case regarding monopolistic competition market structures in the short run. Firms in this market structure must compete by using strategies‚ hiring skilled labor‚ evaluating
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Trickster: Old Man Coyote vs. Legba The trickster breaks rules of the gods or nature which in the end may have a positive effect. In many cases the rule breaking performed by these folks are often the reason they are in the form of tricks. The role tricksters often play may intend cunning or foolish actions‚ many times both. Depending on society their actions can be humorous even if it is sacred or cultural. In the trickster myths Shoshoni: Old Man Coyote and Fon (Dahomey): Legba the main characters
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BRAND MANAGEMENT ASSOCIATE National Capital Reg - Quezon City‚ Ortigas‚ San Juan‚ Manila Responsibilities: * Ensures healthy inventory level; responsible in forecasting and allocation of stocks * Maintains profitability; computes for Dealer Price and Suggested Retail Price with acceptable margins * Manages expectations of suppliers and maintains healthy relationship with supplier representatives * Develops programs & activities to establish brand * Trains Channel Sales Officers
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