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Which of the Following Are Relevant in Short-term Decision Making

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Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box fore wrong answer. In the short term decisions are made within the given capacity limitations and the ultimate objective is to maximize short-term profits. Further Short Term Decisions Ppt Video Online Download Reduction in variable costs. . Relevant costs A relevant cost is simply a cost that is relevant to the decision being made. In the following case study you will play the role of a consultant that will help a. Short term deci sion making. 2 be important to the decision maker. Chapter 5 Relevant Costs for Decision Making. An avoidable cost is one that can be eliminated in whole or in part by choosing one alternative over another. Further clarification of the examinable areas was given by the Study Guide which reads as follows. A Cost behaviour and co...

Explain the Difference Among Creativity Innovation and Entrepreneurship

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Relationship between creativity innovation and intrapreneurship. How are creativity innovation and entrepreneurship related. What Is The Difference Between Creativity And Innovation Explain the differences among creativity innovation and entrepreneurship. . Innovation is the ability to apply creative solutions to those problems and opportunities in order to enhance peoples lives or to enrich society. Entrepreneurship is the result of innovation and creativity. How are creativity innovation and entrepreneurship related. As entrepreneurship is own business so it needs new ideas various possibilities of solving problems entertainment etc. As a general rule none of these are usually thought of as being part of innovation. Entrepreneurship innovation and creativity. To me there is are clear differences and distinctions between creativity innovation and entrepreneurship. In the entrepreneurial context innovation...