Answer:
The correct answer is option C.
Explanation:
The opportunity cost of any economic decision is the cost of giving up its alternative. We are aware that we have limited resources with alternative uses and we have to use these resources to satisfy alternative needs and wants. In order to increase spending resources on one thing, we need to decrease spending on its alternative.
Here, the parking spot on the driveway can be used for personal use or can be used for renting. The opportunity cost of using the spot for personal parking is the money that could have been earned by renting it to others.
Answer:
visual communication
Explanation:
Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.
Generally, there are four (4) main types of communication and these includes;
I. Verbal (oral) communication.
II. Non-verbal communication.
III. Written communication.
IV. Visual communication.
Visual communication can be defined as the use of visual elements and symbols such as charts, graphs, and signs to convey ideas and information that effectively creates meaning to the recipient.
In conclusion, visual communication is strictly based on vision or sight.
Answer:
Monitoring and Controlling
Explanation:
Note that, in Project management process stages there are typically five phases:
- initiating,
- planning,
- executing,
- controlling and
- closing.
However, from this scenario in which Cheryl is watching the weather forecast for an outdoor senior picnic project, it shows that she is monitoring and trying to control all aspects of the planned picnic project against the risk of bad weather.
Xyz company is a low-cost provider. Xyz is most susceptible to ANY NEW INNOVATIONS OR INVENTIONS FROM A COMPETITOR COMPANIES.
Low cost strategy is one of the three generic marketing strategies. It is a pricing strategy in which a service provider or a company reduces the cost to increase profit and demand.
<span>Tyree's coach is likely trying to instill teammate dependability in his players by making them run laps if their teammates do not get at least 75% of their free throwns in.</span>
