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When a business is using methods that help it use its time and resources the best they can what are they exercising?
Drecartellrosegp2043
efficiency
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∙ 7y ago
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Using fewer resources than an economy is capable of using is?
use of fewer resources than the economy is capable of using
What is a entrepreneur and why are they important to the economy?
An entrepreneur is someone who invents an idea using the country's resources and tries to start a business with the idea. They are important because they develop ideas and improve the country.
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
What is underutilization?
using fewer resources than an economy is capable of using
What is absolute cost advantage?
its really simple. an absolute cost advantage is that you are making a profit of the cost of what you are producing . In brief terms it is basically finding out methods and using them to minimise the cost of producing a good,so whatever the business manages to save through those methods are ABSOLUTE COST ADVANTAGE
What is the meaning of need for sound organization methods?
The need for sound organization methods refers to the ability to establish business practice within the business that actually work. Using business methods that are proven increases the organization's chance of success.
What is business source?
In-sourcing is using resources inside the company or country to do business, basically the opposite of outsiding.
What is in-sourcing through business?
In-sourcing is using resources inside the company or country to do business, basically the opposite of outsiding.
Using basic research methods the outcome of the research is applied to a business problem?
Applied Research
What are some ways that a business may go about employee hiring?
Some ways a business may go about hiring an employee include posting a job on the corporate web page, word of mouth and using a human resources outsourcing service. All are reliable and time proven methods for hiring.
What is business adminitration?
Business administration involves principles explaining, using, theories of business. It's the effective use of resources, people, in reaching the organization's goals.
What is guerrilla marketing?
Guerrilla marketing is using unconventional or untraditional methods to promote a product, business or service.
What exactly is business to business integration?
Business to business integration means the combination of resources between two businesses. It generally means one company absorbing the other and using its sources.
Which methods are used to calculate the value of business?
Answer:There are several methods to calculate the value for a company. 1. Using multiples, for example price/earnings ratio2. Using discounted cash flow (DCF) method3. Using the residual income model (RIM)
What is the impact on business from email internet usage for personal matters by employees using business resources?
the impact are that you don't need to find the perfect person
What is the purpose of using Small Business Incubators?
The purpose of using a Small Business Incubator is that it provides new entrepreneurs with support, services and resources in order to help them succeed. Studies show that 87% of entrepreneurs stayed in business after using the Small Business Incubator, compared to only 44% for those who didn't.
Describe three methods by which we will meet tomorrow's needs for mineral resources?
Using the same methods in use today.Mining/drilling, recycling, using less or using it more efficientlySee : Geology - An introduction to Physical Geology.Chapter 20 on pages 675 - 678If you don't have the book you can visit the USGA site (see link)
