Answer:
a. Barney's monthly explicit costs: $161;
b. Barney's monthly implicit costs: $11,816;
c. Barney's monthly economic costs: $11,977
Explanation:
a.
Barney's monthly explicit costs include any costs that he actually paid extra every month as the result from running his business including: cost of office supplies + cost of electricity bill = $71 + $90 = $161
b.
Barney's monthly implicit costs include any cost that he does not actually pay extra, yet he has to sacrifice these income as the results of running his business which includes: Cost related to his salary sacrifice + Cost related to his apartment rental = 10,890 + 926 = $11,816
c. Barney's monthly economic costs = Barney's monthly explicit costs + Barney's monthly implicit costs = $11,977
<u>Answer:</u>Cause marketing
<u>Explanation:</u>
Cause marketing is the strategy where the motive is to increase the profits of the organisation as well as have concern for the society. Jiffy Lube marketing campaign includes a social cause of maintaining the cardiovascular health and also through this campaign they are trying to raise $1 million which is monetary based.
So cause marketing is for both creating awareness about the cause and also to raise funds to support the campaign. The brand's message is also given as well as the profits are also made through this campaign.
Answer:
True
Explanation:
Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:
Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.
Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.
Final Answer
The above statement is true.
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A benefit of 401k It is Less of investment risk.
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Hope this helps!
Leadership is not needed when:
- It will make processes inefficient due to time wasting
- It is being used to oppress people
- Subordinates don't need leadership
Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.
There are instances where it is not needed however such as when:
- It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.
- It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.
- Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.
In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.
<em>Find out more at brainly.com/question/24150490.</em>
