leading
Opportunity cost is a similar concept to cost of capital, except that it suggests that "your money can only be spent once." The opportunity cost of a purchase is the loss of potential value (monetary or otherwise) incurred because one item is purchased rather than another. For example: the opportunity cost of buying a coat might be the value of having new shoes instead. In supply and demand, the question is of capital and equipment utilization -- how much of other products must you choose not to make in order to make a unit of a product? For example: how many caps will be made instead of gloves, where the opportunity cost is the value of the gloves that will not be made (the choice that was not taken).
Like homoeconomics, it suggests people make choices that serve their own best interests.
Movement up along the supply curve.
yes
Flexibilityflexibility
demographics
specialize in performing one of the four management functions.
The PMBOK suggests that project managers spend 75-90 percent of their time communicating. In my personal experience it is much closer to 90 percent.
Management concept that suggests that low importance decissions be handled by subordinates so that managers can focus on. High importance decisions
participatory management
The phrase happy days in the sun suggests a time when you have the opportunity to enjoy yourself with outdoor activities.
Blue Ocean Strategy suggests that an organization should create new demand in an uncontested market space, rather than compete head-to-head with other suppliers in an existing industry
The stakeholder concept suggests that the managers of a business should take into account their responsibilities to other groups - not just the shareholder group - when making decisions. The concept suggests that businesses can benefit significantly from cooperating with stakeholder groups, incorporating their needs in the decision-making process.
participatory management
The stakeholder concept suggests that the managers of a business should take into account their responsibilities to other groups - not just the shareholder group - when making decisions. The concept suggests that businesses can benefit significantly from cooperating with stakeholder groups, incorporating their needs in the decision-making process.
New research suggests that a simple blood test may identify people at risk of colorectal cancer. The blood test detects a genetic alteration that may identify people who are likely to develop the disease
SBA stands for Small Business Administration in the context of a business plan. As its name suggests, this is a planing strategy for small businesses.