Answer:
Option b is correct.
Explanation:
Option b is correct.
The sunk cost is the cost that has been incurred and which can not be recovered. Thus, anycost that can not be recovered is called the sunk cost. Therefore, the option 'b' that states pushing wrong button and getting a wheatgrass sandwich is the sunk cost because it can not be returned.
This statement is false. unlike large organizations, very small businesses rarely benefit from preparing formal written plans for their future operations.
Small organizations are corporations, partnerships, or sole proprietorships which have fewer employees and/or much fewer annual sales than an ordinary-sized enterprise or company. groups are defined as "small" in terms of being able to apply for government aid and qualify for preferential tax coverage varies depending on the u. s. a . and enterprise. Small corporations vary from fifteen personnel under the Australian fair Paint Act 2009, fifty employees in line with the definition used by the European Union, and fewer than 5 hundred employees to qualify for plenty of U.S. Small business management packages. at the same time small businesses also can be categorized consistent with other techniques, together with annual revenues, shipments, sales, property, or by means of annual gross or net sales or net profits, the quantity of personnel is one of the maxima broadly used measures.
some small organizations, consisting of a home accounting enterprise, may additionally most effectively require a business license. on the other hand, different small groups, consisting of daycares, retirement houses, and restaurants serving liquor are extra heavily regulated and can require inspection and certification from various government authorities.
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I had to look for the options and here is my answer:
What Mcdonald's should do in order to know whether to serve breakfast all day based on economics perspective is firstly, conduct surveys to the customers in order to have a basis on what the customers would think and feel about this new change. And then there should also be a pilot-testing too.