Because they are the leaders and if they make a decision and it make she other people fail it could cause them there job or make the store go down hill. It could make everyone fail and then if they fail the store fails
<span>In a Joint Venture, cooperating firms create a legally independent firm...
Companies use joint ventures to access new markets, gain scale efficiency by combining operations, share risk on major projects o share skills and capabilities.</span>
Answer:
$79,000
Explanation:
Given that,
Implicit cost and explicit costs are as follows:
Earning at Shoe Warehouse = $40,000 a year
Jake has rented a storefront = $40,000 per year
Spend = $11,000 on inventory
Total revenue = $170,000 per year
Therefore,
Economic profit = Total revenue - (Explicit cost + implicit costs)
= $170,000 - ($11,000 + $40,000 + $40,000)
= $170,000 - $91,000
= $79,000
Answer:
C. Social media
Explanation:
Social media refers to the online interaction among networks of people, communities and organizations that are connected and dependent on themselves
