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Snezhnost [94]
4 years ago
6

Opportunity cost refers to:

Business
1 answer:
wel4 years ago
5 0
The definition of opportunity cost is Highest-valued option forgone

Change in opportunity cost :
When there is a change in the highest-valued option forgone, the opportunity cost will then be changed.

Hope I can help you :)
Brainliest answer?
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The following cost data pertain to the operations of Swestka Department Stores, Inc., for the month of July.Corporate headquarte
Marta_Voda [28]

Answer:

$157,900

Explanation:

Given all the costs,

Total amount of the costs that are not direct cost:

= Corporate headquarters building lease + Corporate legal office salaries + Central warehouse lease cost

= $81,600 + $62,700 + $13,600

= $157,900

Therefore, the total amount of the costs listed above that are NOT direct costs of the Northridge Store is $157,900.

7 0
3 years ago
Overview of financial planning
VMariaS [17]

Answer:

1. Operating plan.

2. Operating plan.

3. Financial plan.

4. Dividend policy.

5. B and C.

Explanation:

1. Operating plan: provides detailed implementation guidance for a firm's operations, as well as a forecast of the company's expected future free cash flows.

2. Operating plan: provides the inputs necessary for a risk management evaluation using sensitivity analysis, scenario analysis, or simulations.

3. Financial plan: Is based on knowledge of the amount of funds necessary to compensate the firm's shareholders, and the mix of debt and equity capital used to finance the firm.

4. Dividend policy: sets forth specific targets for cash or share distributions to the firm's shareholders.

Capital structure: describes specific targets for the mix of debt and equity used to finance a firm.

Financial planning can be defined as the process of estimating the amount of capital required for the smooth operations of the business and determine how to achieve the firm's set goals and objectives.

Hence, the following statements are true about financial planning;

I. Once a firm's forecasted financial statements are prepared, the firm must determine how much capital it will need to support these plans.

II. Management must monitor operations after implementing a financial plan to detect deviations from the plan and adjust accordingly.

6 0
3 years ago
The ability of an organization to effectively identify, acquire, foster, and retain loyal profitable customers is:
AleksAgata [21]

Answer:

c. customer relationship management

Explanation:

Customer relationship management -

It is the method , to manage the interactions of the present or previous customers with the company , by using the data , is known as the customer relationship manangement .

It make use of all the previous data in order to increase the business realtionship with the cutomers , for better profit .

The CRM , takes help from the website of the compnay , emails , chats and even social media , to perform its task .

4 0
3 years ago
Careers in the Hospitality and Tourism career cluster are
son4ous [18]

Answer:

The correct answer is: B. Bountiful and expected to continue to grow.

The tourism and hospitality industry is a fast growing and developing industry, so in the future,  it is expected to grow, and become more bountiful.

Let me know if this helps!

8 0
3 years ago
Read 2 more answers
____________ is a completely inadequate mechanism ____________________ in a modern advanced economy. Question 21 options: Curren
choli [55]

Answer:

Barter; for trying to coordinate trades

Explanation:

The barter is the system where the goods or services are exchanged with another goods or services. Here no money involvement is there

Only goods or services are exchanged with the different good or services

So it is a complete non-adequate mechanism and it should be tried for coordinating the trades

Therefore the above option should be considered

3 0
3 years ago
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