have unlimited income. B) resources are scarce. C) resources are infinite D) with good planning‚ trade-offs can be avoided. 2. The best measure of the opportunity cost of any choice is: A) the monetary cost of that choice. B) whatever you have given up to make that choice‚ even if no monetary costs are involved. C) the cost associated with not taking full advantage of the opportunity offered by that choice. D) your hourly wage. 3. A busy professor can’t decide whether to stay in his office
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factors that happen outside the business are known as external factors or influences. These will affect the main internal functions of the business and possibly the objectives of the business and its strategies. Main Factors The main factor that affects most business is the degree of competition how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: Social how consumers‚ households and communities behave and their
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The Delphi method (pron.: /ˈdɛlfaɪ/ del-fy) is a structured communication technique‚ originally developed as a systematic‚ interactive forecasting method which relies on a panel of experts.[1] In the standard version‚ the experts answer questionnaires in two or more rounds. After each round‚ a facilitator provides an anonymous summary of the experts’ forecasts from the previous round as well as the reasons they provided for their judgments. Thus‚ experts are encouraged to revise their earlier answers
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conversation or a file transfer between two computers or message transfer between two terminal etc. so in this presentation we will be looking at how messages are forwarded through the network. Specifically‚ how and when buffers and switch ports of individual routers are allocated and released and thereby the timing which messages or message components can be forwarded to the next router on the destination path. In computer networking and communications‚ switching communication network is a communication
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AO1 Internal and External Customer Needs at Cadbury World Internal Customers: Staff: At Cadbury world the staff are constantly training and working on how to communicate with the customers‚ always training to maintain their expectations and how they can improve. They can improve. They have this training course called Welcome Host for managers. (Www.welcometoexcellence.co.uk) and here they learn how to have good customer service. There are different training courses they have to take part
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America is a place of opportunity. A place where individuals can make their dreams come true. A place where the people can make a life for themselves. Yet is success available to everyone? The American dream is the ability for an individual to reach their potential‚ whether it is through going to college‚ better pay‚ or providing for their family. Although there is a common belief that everyone has a chance to attain the American dream‚ in reality the dream is impossible for some individuals‚ because
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The director’s in respective films manipulate cinematic techniques such as shot selection‚ lighting and sound to display different emotions. This allows the audience to break down the meaning and importance of the current scene. It also allows them to form an emotional connection with the characters. One of the greatest strengths in Insomnia is Christopher Nolan’s ability to keep his protagonist in every shot despite the perplex and moody-blue vibe of the movie. This means that despite the director’s
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would be beneficial to those in organizations; he uses a selection of questioning techniques. He tends to use more reflective questions in order to register interest and to try and get more information from Noel followed by probing questions to ensure that he does indeed get a more well-rounded answer. Ross on the other hand is a fan of multiple questions which sometimes flummoxes Noel‚ and leaves him wondering how to answer. He also uses leading questions‚ this helps Ross ensure Noel gives the type
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other retail stores. Walgreens also have three Pharmacy Care Call Centers one in Alabama‚ Florida‚ and in Tuscan. Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates. I believe that the two segments of the general environment that would rank highest in influence for Walgreens are the two segments‚ demographic and technological
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ECONOMIC SCENE The Opportunity Cost of Economics Education By ROBERT H. FRANK Published: September 1‚ 2005 SHORTLY after I began teaching‚ more than 30 years ago‚ three friends in different cities independently sent me the same New Yorker cartoon depicting a woman introducing a man to a friend at a party. "Mary‚ I’d like you to meet Marty Thorndecker‚" she began. "He’s an economist‚ but he’s really very nice." Forum: The Economy Cartoons are data. That people find them amusing usually
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