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 is chosen"
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Knowledge Management "Knowledge management is the set of practices aimed at discovering and harnessing an organization ’s intellectual resources. It ’s about finding‚ unlocking‚ sharing‚ and altogether capitalizing on the most precious resources of an organization: people ’s expertise‚ skills‚ wisdom‚ and relationships. Knowledge managers find these human assets‚ help people collaborate and learn‚ help people generate new ideas‚ and harness those ideas into successful innovations" (Bateman
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My First Date Why is everyone so stressed out about their first date? That’s an easy question. Everything depends how the first date goes to determent either you like that person or not. It’s like a test for the rest of the relationship. That’s why everybody wants‚ to make it original‚ special and a pretty moment that they could remember. Mine was all those things. Last year‚ in New Year’s Eve‚ my best friend Omar and I had a date. He invited me to his family reunion at his house. At first I
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Examine how factors can cause changes in economic activity Economics activity is the production‚ distributions‚ exchange and consumptions of goods and services. Businesses and consumers can cause it to increased and decreased‚ when it increases it means that the value and amount of goods and services are increasing as well‚ many factors can change how the economic activity for example interest rates‚ consumer spending and many more. Interests rates is one of the main factors that cause changes
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COMPANY SECRETARIES EXAMINATIONS‚ DECEMBER‚ 2014 TIME-TABLE & PROGRAMME EXAMINATION TIMING : 2.00 P.M. TO 5.00 P.M. Date and Day 22.12.2014 Monday Executive Programme (Old Syllabus) General and Commercial Laws (Module-I) Professional Programme (Old Syllabus) Company Secretarial Practice (Module – I) 23.12.2014 Tuesday Company Accounts‚ Cost Management Accounting (Module-I) Drafting‚ Appearances Pleadings (Module-I) 24.12.2014 Wednesday Tax Laws (Module-I)
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Most movies today‚ are pointless and are a waste of money‚ compared to how movies used to be with an interesting storyline and perhaps inspiring lesson learned. The movie‚ 50 First dates‚ is an inspiring‚ romantic comedy about how having hope inspires to accomplish the impossible. It stars Adam Sandler (Henry)‚ Drew Barrymore (Lucy) and Rob Schneider (Ula). Henry is a veterinarian at Sea Life Park in Hawaii. He has a reputation of womanizing female tourists‚ and shows no interest in a serious relationship
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List and describe THREE major activities that make up the system selection process? The three major essential activities that make up the system selection process are Education: Understanding the Market‚ Down Selection: Narrowing the field‚ and Formation of the System Selection Governance Structure and Functions. First‚ Education and Understanding the market. In a highly profound market with numerous quality items‚ the vendor’s status and services may characterize to the greatest differentiator
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Dear Editor‚ I am Chris Wong and I am here to talk about teenage dating. Because I have found that mote and mote of my friends have girlfriend or boyfriend. In this essay‚ I will talk about the arguments for and against about teenage dating. The first argument in favour of this issue is that teenagers can share their feelings to their girlfriend or boyfriend. You may say that they can share it with friends instead of girlfriend or boyfriend‚ but to me‚ I think that girlfriend or boyfriend is
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depends is CONSIDER less on what is in his THE LOBSTER heart than on what might be in yours. Try to stay awake. 2000 THE pungent. ENORMOUS‚ and extremely well-marketed Maine Lobster Festival is held every late July in the state’s midcoast region‚ meaning the western side of Penobscot Bay‚ the nerve stem of Maine’s lobster industry. What’s called the midcoast runs from Owl’s Head and Thomaston in the south to Belfast in the north. (Actually‚ it might extend all the way up to Bucksport
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HISTORY CH-2 Some important dates:- 1. August 1 1914- World War 1 started 2. 1917- Entry of U.S in the 1st World War 3. November 9 1918-Defeat of Germany and the central powers in the 1st World War‚proclamation of the Weimar Republic 4. 1923- Economic crisis of Germany‚occupation of ruhr by the French‚Hitler planned to seize control of Bavaria 5. April 1923-U.S Dollar was equal to 24‚000 marks 6. July 1923- 353‚000 marks 7. August 1923-4‚621‚000 marks 8. December 1923-98‚860‚000 marks
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