Define Opportunity Cost
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
What do you mean by the term position analysis in a business? Briefly illustrate it.
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Describe a join between tables?
What is the various information that a manager need to make a decision?
Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou
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Write a short note on the main working areas of the Finance department?
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
Write a brief note on the things which Opportunities comprises?
Write a short note on selecting strategic options and formulating the plans?
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