Based on the payoff of the other investment alternatives, Nike's opportunity cost is<u> $600,000.</u>
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What is Opportunity Cost?</h3>
- It refers to benefits forgone when an alternative is picked instead of another alternative.
- Is calculated as the payoff from the next best investment.
The next best investment was the $600,000 Nike was making per year on its money market account which makes this amount the opportunity cost of investing in Vietnam.
Find out more on opportunity cost at brainly.com/question/1549591.
Answer: Differentiation strategy
Explanation:
Differentiation strategy is a strategy that differentiate a product or service, from other identical products that are offered by competitors in the market. Differentiation is development of a good or service, which is unique for customers, in terms of features, product design, quality, brand image, or customer service.
Differentiation strategy is one of the three Porter’s Generic Strategy. In this strategy, firms pick one or more dimensions that are considered to be vital by the consumers thereby creating a unique image in the market.
The use of mobile banking application will ease the traditional method of banking and makes the bank standout.
<u>Answer: </u>
Benefits are amplified at a point where the minor income efficiency (MRP) is equivalent to the expense of employing a security watch. In this way, a benefit expanding firm will enlist as long as the MRP is more noteworthy than the wages or the expense of recruiting a security monitor.
On the off chance that I need to amplify benefit, at that point I won't enlist the security monitor at a compensation pace of $20 in light of the fact that the expense of recruiting is more noteworthy than the expansion to the complete income or MRP, which is equivalent to $15 (expecting that the security watchman will kill shoplifting).
The above examination shows that a security watchman will be paid a compensation rate for every hour, which is equivalent to the sum spared every hour by the security monitor for wiping out the normal shoplifting every hour.
The sum spared is an expansion to the all out income, and no benefit boosting firm would pay a compensation rate higher than the augmentations to the complete income.
Answer:
The supply curve would shift to the right(upwards)
Explanation:
This is because there would be less oil available but the same demand and so the price for the same amount of oil will increase.
hope this helps!
