The Villus Absorbs fat, minerals,& essentials needed for creating energy In our body into the blood. Which then Leaves us with the waste materials which are the undigested matter that is pushed into the Large Intestine. Therefore the role of Villus in relation to the absorption of the end products of digestion is that it … Read more
What Is Zero-based Budgeting ? What Are The Advantages Of Zero-based Approach Over The Traditional Approach?
Zero based budgeting (ZBB) is an alternative approach that is sometimes used particularly in government and not for profit sectors of the economy. Under zero based budgeting managers are required to justify all budgeted expenditures, not just changes in the budget from the previous year. The base line is zero rather than last year's budget. … Read more
Example: A farmer has a 10 acre field and can grow either wheat or barley on it. The only input is land. He has the following possible combination: Wheat 40 30 20 10 0 Barley 0 5 10 15 … Read more
The foundation of capitalism is a philosophy of reason, egoism, free enterprise and individual rights. 1. The right to private property 2. The right to own a business and to keep all of that business’ profits 3. The right to freedom of competition 4. The right to freedom of choice I hope this helps