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How does the concept of intensive margin impact the decision-making process in business operations?
The concept of intensive margin refers to the level of output or activity within an existing range of products or services. In business operations, understanding the intensive margin can help decision-makers optimize resources and focus on improving efficiency and profitability within their current offerings. By analyzing and adjusting the intensive margin, businesses can make informed decisions on how to allocate resources, streamline processes, and enhance overall performance.
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What is the concept of 'elasticity of demand' its various forms and its usefulness for business decisionmaking?
Am a student and i need more insight to do my assignment. Thank you.
With which concept the business profit or economic concept provides the more appropriate basis for evaluating business operations?
Businesses i know are there to maximize profit and minimize cost.On this basis,i think the business profit concept is the most appropriate basis for evaluating business operations because banks,lenders or creditors will the creditworthiness of such business if loan or any other facility has been advanced to such business to see whether they can offset such debt if given to them.
Why ethics is a fundamental business concept?
Why is ethics seen as a fundamental business concept
Define and explain the concept business research?
concept is also know as antity
What are the concept of small scale business in Nigeria?
please answer the question
What is the concept of 'elasticity of demand' its various forms and its usefulness for business decisionmaking?
Am a student and i need more insight to do my assignment. Thank you.
With which concept the business profit or economic concept provides the more appropriate basis for evaluating business operations?
Businesses i know are there to maximize profit and minimize cost.On this basis,i think the business profit concept is the most appropriate basis for evaluating business operations because banks,lenders or creditors will the creditworthiness of such business if loan or any other facility has been advanced to such business to see whether they can offset such debt if given to them.
What is concept of administration?
Administration is the process or activity of running a business, or an organization. It focuses on the day to day's of a company.
Why is it that a business man needs to adopt the information center concept of office operations?
I'll read that as why would he because it's just another concept - that concept applies to basically central repositories of data and/or telecom.
What is Operational Concept?
what is the differnec between an operational concept document and a concept for operations
The basic concept underlying EOC activation should be included in which section of the Emergency Operations Plan?
Concept of Operations
What is the difference between a traditional concept of business and a modern concept of business?
The traditional concept of business is profit motive but the modern concept of business is service oriented.
Business entity concept?
According to this concept, business is treated as a unit separate and distinct from its owner.
Why ethics is a fundamental business concept?
Why is ethics seen as a fundamental business concept
How has the marketing concept affected business practice?
Changes in operations, such as extended hours and immediate delivery, have focused on convenient product availability. Additional changes in business practice have been aimed at cost control
How can you define Service Operation Concept?
it is the concept of how, when, where and by whom the service operations are being carried out.
What is adequate disclosure concept?
it states that all relevant and material events affecting the financial condition or position of a business and the results of its operations must be communicated to users of financial statements
