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Yes , it is rightly said that problem of choice is unavoidable in ordinary business life . It is because our wants are limited and the resources to statisfy them are limited moreover they have alternative uses

For example worker can render his sevices either in company A,B OR C . He has to make choice between the three . So we can say that problem of choice is unavoidable

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Manpreet Kaur

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Q: Is problem of choice is unavoidable in the ordinary business of life how?
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What are the choice of the particular business?

the choice of particular business


What is the two types of business ownership?

A business enterprise can be owned and organized in several forms. Each form of organization has its own merits and demerits. The ultimate choice of the form of business depends upon the balancing of the advantages and disadvantages of the various forms of business. The right choice of the form of the business is very crucial because it determines the power, control, risk and responsibility of the entrepreneur as well as the division of profits and losses. Being a long term commitment, the choice of the form of business should be made after considerable thought and deliberation. The choice of the form of business is governed by several interrelated and interdependent factors. Sole Proprietorship Partnership Corporation


Where can a degree for small business administration be obtained?

A college that specializes in Business Administration, would be the perfect choice for someone pursuing a business career. DeVry University specializes in Business degrees.


How does one apply for business debit cards?

To apply for a business debit card, get in contact with the local credit card supplier of your choice, such as Visa or Mastercard. If you own a small business, you may qualify for the card.


How are the concepts of scarcity choice and opportunity cost related?

No, scarcity, choice and opportunity are not related to cost. All of these aspects of business are related to availability. Sometimes, costs plays a role though.

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What are the choice of the particular business?

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The choice of media was not the right one for your business. It does not make sense for a small local business to use national advertising on television.


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It is never a good idea to touch your savings unless it is a unavoidable emergency. If this is the case you have no choice but to use to least amount possible and try to stay away from it otherwise.


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Ethics is about what we should or should not do, what is moral or "right." Law tells us what we must or must not do, what is legal. A legal choice is not always a moral choice, and a moral choice may even be an illegal one. So, business law is influenced by business ethics, but the two are often at odds.