Managerial decision
Describe and answer in economic terms a managerial decision you have knowledge about (for example, the oil and Gas Industry). What should one consider when starting a new business?
Expert
One should consider expected revenues and costs that maybe incurred in the business before deciding to go for the new business. It must be undertaken only when positive economic profits are expected in long run. In the short run the revenues must cover the variable costs for the firm to continue. An important component of profits is opportunity costs. Suppose MR X is planning to give up $1000 a week job to start a business. When he calculates his costs of running the business he must include this $1000 as foregone income-opportunity costs. He must also include the costs of any self owned resource that is used in business, like own funds or own phone line. Besides these opportunity costs the fixed and variable costs are to be a part of total costs. Failure to account for opportunity costs will be wrong and lead to wrong/irrational decisions in the economic sense.
In which kind of animals does the placenta present? What is its major function?
Explain the endocrine function of the placenta?
In which of the bones bone marrow is mainly found? Specify whether the bone marrow is made up of osseous tissue?
Write down some significant neurotransmitters?
Is fecundation in amphibians internal or external? In this feature are amphibian’s evolutionarily proximal to fishes or to reptiles?
Incentive Planning: Incentive plans are element of an employee's compensation or pay. The incentive plan offers an employee the chance to raise his annual pay based on either company or individual performance. Incentive plans are a mode for companies
Management: It is the organizational process which comprises strategic planning, setting; objectives, managing resources, organizing the human and financial assets required to attain objectives, and measuring outcomes. Management too comprises recordi
Why is there a sense of pressure change inside the ear when someone goes down a mountain?
Briefly mention the two reasons for hearing loss?
Define nucleolus: The nucleolus is small and optically denser area in the interior of the cell nucleus. It is made up of ribosomic RNA (that is, rRNA) and proteins. One nucleus can contain one or more nucleolus.
18,76,764
1956420 Asked
3,689
Active Tutors
1448477
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!