Answer:
The main difference between accounting and economic Profit is that accounting profit refers to monetary revenue minus monetary costs which includes any type of cost in the organization in the form of rents, salaries, material costs etc. Economic profit refers to the monetary revenue minus total cost.
Explanation:
Answer:
metropolitan .....................................
Answer:
A. incorporates both financial and operational performance measures
Explanation:
The balance score card is the score card which represents the pattern of the performance through which the company can take the actions, decisions, according to that.
It can incorporates both financial and operational performance measures. The financial could be in terms of profits, past results, solvency, liquidity, repayment, etc
While the operational could be in terms of providing the best service which gives the maximum satisfaction to the customer and at the same time it also determine the efficiency of the day to day operations
Answer:
The correct answer is letter "E": diminishing marginal utility.
Explanation:
The Law of Diminishing Marginal Utility states that the more you use a good or service, the less pleased you will be with each use or use that follows. The law of diminishing utility is a key principle in assessing consumer preferences. This assumes consumers are rational and spend money in such a way as to maximize their contentment with each subsequent unit without impacting their overall enjoyment negatively.