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3 years ago

What is opportunity cost

Business

2 answers:

RideAnS [48]3 years ago

8 0

<span>the loss of potential gain from other alternatives when one alternative is chosen.</span>

Gre4nikov [31]3 years ago

4 0

Opportunity cost is the alternative we give up when we choose one option over the other.

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When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss

defon

Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

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6 0

2 years ago

Objectives are Multiple Choice the means by which a marketing goal is to be achieved, usually characterized by a specified targe

omeli [17]

Answer:

a road map for the marketing activities of an organization for a specified future time period, such as one year or five years.

Explanation:

A business objective is defined as measurable achievements a company wants to attain within a given period of time.

It acts as a compass that shows that activities are on track to realise business goals.

The steps to get a favourable result are outlined, resources to be used are usually stated and a time frame given to get results.

Goals on the other hand are general results that a company wants to attain. Objectives are more specific.

5 0

3 years ago

Brian works for Magnira Labs and is conducting research on a certain topic. For the research, he needs $50,000, but the private

dsp73

Answer: Budget Constraint

Explanation: Because from the Question we can see that brain needs $50,000 for his research but was dropped to $30,000 , so the $20,000 not given is the budget constraint .

3 0

3 years ago

Read 2 more answers

A 50 year old customer receives an inheritance of $1,000,000 which he places with an investment adviser to invest with the objec

AfilCa [17]

Answer: 10%

Explanation:

Given that :

Worth of investment = $1,000,000

Worth after 1 year = $1,300,000

Worth after 2 years = $1,200,000

From the above, investment recorded $300,000 increase after one year and $100,000 Depreciation at the end of the second year.

Therefore, Net increase:

$300,000 - $100,000 = $200,000 (after 2 years)

Therefore, average yearly/annual increase = $200,000 / 2 = $100,000

Therefore, the annual return on the investment is :

(Annual increase / investment worth) × 100%

(100,000 : 1,000,000) × 100%

0.1 × 100% = 10%

= 10%

8 0

3 years ago

Marginal thinking is best demonstrated by:

Aleonysh [2.5K]

Answer:

The correct option is A. Marginal thinking is best demonstrated by choosing to spend one more hour studying economics because you think the improvement in your score on the next quiz will be worth the sacrifice of time.

Explanation:

Marginal thinking can be described as a form of thinking in which a person evaluates the costs as well as the benefits of doing an extra task. The person thinks about the worth of the extra resources. For example, in the option A the person is thinking to study economics at the cost of an extra hour. This cost would benefit him to score more in the quiz which is worth the cost.

4 0

3 years ago