PGDM12F004‚ Class Serial No- 4. Economics Assignment- Opportunity Cost Lets start with a small introduction to the topic Opportunity Cost. Opportunity cost is the cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen). It is the sacrifice related to the second best choice available to someone‚ or group‚ who has picked among several mutually exclusive choices. The opportunity cost is also the "cost" (as a lost benefit) of the forgone
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CLUSTER DEVELOPMENT PROGRAMME‚ INDIA DIAGNOSTIC STUDY ARTISAN THE CHIKAN EMBROIDERY CLUSTER LUCKNOW‚ UTTAR PRADESH BY PANKAJ ARYA SHILP SADHANA (TEXTILE BLOCK PRINTERS ASSOCIATION) DEVELOPED UNDER THE CLUSTER DEVELOPMENT AGENT TRAINING PROGRAMME OF UNIDO CDP‚ NEW DELHI & THE ENT REPRENEURSHIP DEVELOPMENT INSTITUTE OF INDIA (EDII)‚ AHMEDABAD AND SPONSORED BY SIDBI The views expressed in the Diagnostic Studies are those of the authors and should not be attributed to UNIDO or
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Luck or Opportunity Oprah Winfrey once stated in an interview “luck is a matter of preparation meeting opportunity”. With that said‚ I do believe it is true. There are some instances that in the past if the opportunity and the preparation didn’t happen then the luck never would have happen. There are examples I would like to mention to show that if it wasn’t for the opportunity then the luck never would have. Christopher Columbus was credited with discovering the new world .If not for the
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Market opportunities Social Nowadays‚ social communication is very essential for every society‚ no matter in business fields‚ teenagers‚ adults‚ and even every group of people‚ they are highly dependent to the smart devices like iphones‚ Samsung galaxy phone‚ ipads‚ Samsung notes and so forth‚ which allow them access to the internet at anywhere and anytime. Hence‚ cellphones and internet technology were became the latest trend in the new millennium. This social improvement granted Maxis‚ a telecommunication
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Re-organization and Layoff- Issue and Problem Identification Paper PHL/320 – Critical Thinking and Decision Making in Business Learning Team C Monday‚ June 22‚ 2015 MICHAEL MC QUINN Problem Identification and formulation will be reviewed using the team discussion from Week 2. The paper will: Summarize the issue; Identify the problem; Explain why it is the underlying problem; Reflect on the group collaboration process in defining the problem; and Explain how a clearly defined problem could help to find
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Opportunity costs The first opportunity cost that I made was choosing to enroll in a university that offers online courses or going to a traditional university that only has classroom style learning. The pros of attending online for me included not having to commute back and forth 40 additional miles per day‚ not having to hire a babysitter for my child‚ and I’d be in the comfort of my own home or environment to my liking when I studied. The cons included‚ not having that social connection to my
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Risks can be done in hopes of a good outcome but with the chance of a bad one. When it comes to wealth‚ there are many people take the chances just for the opportunity of getting money. That’s what happened in the gold rush in the year 1848 once word got around about gold‚ many men went out and left their families to try to help them financially‚ yet some never returned. Maybe it was the greed inside them‚ how would their families know if something bad happened to them? There was no way in knowing
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Equality of opportunity This essay deals with the topic equality of opportunity by analysing Tom McAfee’s short story This is My Living Room and the historical source Traditional American Values and Beliefs. This is My Living Room is analysed with a focus upon the “I” character and Traditional American Values and Beliefs is related to this analysis by supporting these conclusions with historical facts. This is My Living Room is about a redneck living in Pine Springs‚ Alabama‚ who is telling
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Identify a job role Job role: job description is a written statement about the job. Company create a job description about the job‚ what they do‚ and what their aim of their business. What kind of person the company is looking for that specific job. In the job description explain the job role and what kind of person they are looking for. They describe the requirement of the job in the job description. In the job description it tells the hours of work and how the company is going to pay according
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DEFINITION The Great Mosque of Damascus is the first monumental work of architecture in Islamic history; the building served as a central gathering point after Mecca to consolidate the Muslims in their faith and conquest to rule the surrounding territories under the Umayyad Caliphate. The Umayyad Mosque‚ or formerly the Basilica of Saint John is currently located in the old city of Damascus‚ It is one of the largest and oldest mosques in the world. It is considered the fourth-holiest place
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