methods of production
required technology
What are the tradeoffs between core capabilities and core rigidities?
people must face tradeoffs
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006 was awarded to Edmund S. Phelps for his analysis of intertemporal tradeoffs in macroeconomic policy.
1) Everyone faces tradeoffs 2)The cost of something is what you give up to get it. 3)Rational people think at the margin 4)Everyone responds to incentives 5)Everyone benefits from trade 6)Markets are a good way to organize economic activity. 7)The government can sometimes improve market outcomes. 8)A country's standard of living depends on its ability to produce goods and services. 9)Prices rise as the government prints too much money. 10)Society faces a short-run tradeoff between inflation and unemployment.
According to Mankiw et al (2002), the basics of economics are: 1) People face tradeoffs. 2) The cost of something is what you give up to get it. 3) Rational people think at the margin. 4) People respond to incentives. 5) Trade can make everyone better off. 6) Markets are usually a good way to organize economic activity. 7) Governments can sometimes improve market outcomes. 8) A country's standard of living depends on its ability to produce goods and services. 9) Prices rise when the government prints too much money. 10) Society faces a short-run tradeoff between inflation and unemployment.
Tradeoffs in cost involve examining the development of alternative designs, _________________ and the required industrial base capability.
What are the tradeoffs between core capabilities and core rigidities?
Its okay.
its 2-d?
pollution is a tradeoff of airplanes
people must face tradeoffs
WBS can be used to help make program management decisions. For example, if the food costs are too high, the WBS can be used to identify possible tradeoffs. Identifying and analyzing tradeoffs can help the manager decide how best to stay within the budget.
Very effective
Tracy M. Gordon has written: 'Fiscal Realities: Budget Tradeoffs for California Government'
because evryone has to make sacrifices.
Fist you have to assess what the problems/options are. You can start the business or not start the business, and what's the likeliness of it to kick off. You write an intro forcasting the problem. Then you list the tradeoffs. If we do this, then we can't do this. Don't be bias though. "Money that could have went here will now go here. Then you conclude by recapping the tradeoffs briefly.
Decision matrix