Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
Based on the business management analysis, to do the mega mogul project on knowledge matters requires following specific steps, which begin with "<u>detecting the opportunity."</u>
<h3>What is the Mega Mogul Project?</h3>
Mega Mogul Project is a business project whereby individual starts with one location and continue to grow and expand their entrepreneurial conglomerate to numerous businesses and several locations.
<h3>Some other steps to take when conducting a mega mogul project on knowledge matters are:</h3>
- Market Research
- Creating a Business Plan
- Raising Money & Financials
- Building a Team
- Acquiring Resources
- Going to Market
- Operations & Feedback
- Shark Project
- Business Plan Project
- Mega-Mogul Project.
Hence, in this case, it is concluded that various steps are involved when carrying out a mega mogul project on knowledge matters.
Learn more about Mega Mogul Project here: brainly.com/question/9961724
Answer:
you are correct for this answer
Answer:
A) purchasing
Explanation:
THIS IS THE COMPLETE QUESTION
Warehouses sometimes perform certain other functions besides storing goods. Which of the following is NOT typically one of those functions?
a. purchasing
b. postponement
c. break-bulk activities
d. consolidation point
e. cross-docking
warehouse can be regarded as a commercial building used in storing of goods. Warehouses are been utilized by manufacturers as well as importers and exporters and also wholesalers. There are different types of warehouse such as private, public warehouse. It helps in storage of both raw material as well as finished goods.
The following are typically other functions of warehouse.
✓ break-bulk activities
✓cross-docking
✓postponement
✓consolidation point
