Answer:
a.Attending a movie
Explanation:
The opportunity cost is the cost or value or the item foregone. That is way opportunity cost is also known as alternative foregone.
It is also known as the real cost. When the wants are listed in a scale of preference in the order of priority, the limited resources is used to satisfy the first item on the list while the next unfulfilled want is the opportunity cost.
Therefore, for John, the opportunity cost is attending the movie, option a.
Answer:
option d is right
Explanation:
given that Andrew’s coworkers often come to him for information about how their company handled disgruntled customers in the past since he has worked at the company for 25 years.
He heard lots of information about the way things have been handled in the past, which helped him understand the organizational system.
Andrew’s information is an example of __Cultural____ knowledge.
This is because he knows some cultural characteristics, belief, history, and also behaviours due to his vast experience of 25 years and he shares with others.\
It is not explicit because not written and source is not mentioned
It is not descriptive, because data is not supported for his verdict.
It is not vigilant, because vigilant information is parted only to prevent frauds, or any illegal or unwarranted activity or behaviour.
Hence option d is right
Answer:
Utilizing his saving as a down payment and buying the car using an auto loan.
Explanation:
Answer:
B) brand alliance
Explanation:
Firms with a limited reputation sometimes form a brand alliance with a reputable firm so as to gain from the quality associated with the known brand
Answer:
Total Selling Expenses for the month of February is $241,000
Explanation:
Sales Commissions ($700,000 of sales x 5%) = $35,000
Sales Manager Salary = $96,000
Advertising expenses = $90,000
Shipping expenses = ($700,000 of sales x 2%) = 14,000
Miscellaneous selling expenses = ($2,500 + $700,000 x 1% x 0.5) = $6,000
Total Selling Expenses (Summation of all the calculated above working)= $241,000
