The difference between revenues and expenses is called profits.

Participant decision making involves employees or members of the organization in the actual decision making process.

The process through which individuals acquire political values is

Customer demand is more predictable in the marketing of traditional products.

As chronicled in the book Moneyball, the strategy employed by the small-market Oakland A’s general manager Billy Beane to better compete with large-market teams by identifying and acquiring undervalued players is an example of an organization maximizing its ______.

The concept of _______ is probably the best single measure of an industry’s impact.

 1.3 Provide a suitable term for each of the descriptions below in the space provided.   1.3.1 The actual time according to the position from the sun. [answer1] (1) 1.3.2 The line of longitude where a new date begins. [answer2] (1) 1.3.3 The process of advancing clocks one hour ahead during a certain time of year. [answer3] (1) 1.3.4 Time at all places that follow a specific time zone. [answer4] (1) 1.3.5 The line of longitude that is the starting point of the 24-hour clock. [answer5] (1)

Fred Corcoran made his contribution to the sport industry by developing professional tennis tournaments.

The earliest evolutionary change in sports broadcasting from factual reporting to sports entertainment was seen within: 

2.3 Read the following scenario and use the Foreign Exchange Table to answer the questions that follow: Dewald travels from South Africa to London to visit his brother. He budgeted R20 000 for his total travel expenses. Upon his return to South Africa, he still has £ 150 left. Currency BBR BSR GBP R17,88 R18.11    2.3.1 Calculate Dewald’s total budget in British pounds. (3)