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s in hiring versus buying a tool. 3.2. What factors should be considered when selecting a business tool? 3.3. Why do consumables need to be considered when selecting a tool? 3.4. Why is training an important consideration when c

s in hiring versus buying a tool. 3.2. What factors should be considered when selecting a business tool? 3.3. Why do consumables need to be considered when selecting a tool? 3.4. Why is training an important consideration when c

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Answer the following questions:

3.1. Explain the short and long term differences in hiring versus buying a tool.

3.2. What factors should be considered when selecting a business tool?

3.3. Why do consumables need to be considered when selecting a tool?

3.4. Why is training an important consideration when considering a business tool?

3.5. Describe the safety considerations concerning a mobile telephone.

3.6. Devise a list of „must have‟ skills for a mobile telephone. (a) For short term use. (b) For long term use

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