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Is Qualitative factors more important in business decision making as compared to quantitative factors?
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How do you make a debate about disadvantages of social networking sites?
A disadvantage of social networking sites is that they are making traditional relationships obsolete. Some people use social networking and never bother to call their friends or visit with them.
How can traditional hostilities affect business?
Traditional hostilities affect business by affecting the flow and availability of natural resources, affecting the stability of the local economy, and affecting the ability of any company to establish a presence, let alone making a profit.
Assess the contributions and limitations of economic analysis for business decision making?
There are a number of contributions and limitations which are associated with analysis for business decision making. The contributions will look at the main factors of production and the returns on investment. The limitations are seen in the assumption that such factors remain constant.?æ
What is the analogy of bourgeois to middle class obsolete to?
The analogy of "bourgeois to middle class" becoming obsolete nowadays could be seen as the shift towards a more complex understanding of class structures. With globalization and technological advancements, the traditional middle class is becoming more diverse and fragmented, making it challenging to fit neatly within the classic bourgeois framework. Additionally, the concept of class itself is evolving to encompass broader social and economic factors beyond just income and occupation.
What is Self cannibalization?
Making obsolete your own technology with a new innovation before your competitors do it.
What are the main purposes for making a conference call?
The main purpose of making a conference call is to facilitate a conversation between three or more people. This is particularly useful in business as an alternative to traditional meetings.
What factors should be considered when making an investment in capital goods for a business?
When making an investment in capital goods for a business, factors to consider include the cost of the investment, potential return on investment, impact on production efficiency, technological advancements, maintenance costs, and the overall impact on the business's long-term goals and strategies. It is important to conduct thorough research and analysis to make informed decisions that align with the business's objectives.
What is the definition of economic forces?
Economic forces are certain factors that are considered in making decisions of a company that can either bring success or failure in their business. These elements in business are the key factors in determining the next steps and strategies that a company must implement.
What is the significance of a 360-degree view in business decision-making processes?
A 360-degree view in business decision-making provides a comprehensive perspective by considering all relevant factors and viewpoints. This helps in making more informed and effective decisions that take into account various aspects of the business, leading to better outcomes and strategic planning.
Determine factors affecting decision implementation in an organization?
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Why is an obsolete adhesive not in use?
Obsolete means 'not in use'. Possibly the makers have discovered a better form of that glue, or they found long term unfavorable results and stopped making it fop economic reasons.
