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katrin [286]
3 years ago
6

Magnet Dot, a printer manufacturing company, set up a website to enable its customers to place orders online. It also set up an

intranet website to enable its employees to convey order and shipping information to the relevant departments within the firm. However, to ensure an effective and smooth exchange of information, Magnet Dot has to pay $100,000 annually for fast Internet access. In this scenario, the cost that Magnet Dot incurs is an example of _____.
Business
1 answer:
sineoko [7]3 years ago
3 0

Answer:

communication costs

Explanation:

Communication is critical for the success of a business. If the communication cost is high, then communication can become a hindrance to the success of business success. The costs associated with communication include fixed telephone, mobile phones cost, and internet access. Travel and venue cost that facilitates face-face meeting also adds to communication costs.

Businesses are embracing modern technology to cut down on their communication cost. Technology has increased the flow of internal and external communication. Magnet Dot is likely to grow as a business as customers can order for products over the internet.

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Both A and C are correct, though more of the CPI’s data comes from A.
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2 years ago
hilton’s vp of talent & inclusion mentioned that the company participates in on-campus recruiting. this is an example of wha
lara [203]

Answer:

hiring from within

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The company looks for internal candidates that exhibit leadership skills and qualities. This type of practice motivates employees and shows there is an opportunity for growth from within the company.

5 0
3 years ago
The major consideration of whether something can serve as money is that it must be
sashaice [31]
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7 0
3 years ago
Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: pollution should
Andreyy89

Answer:

The correct answer is c) pollution should be eliminated as long as the benefit from the cleanup exceeds the opportunity costs.

Explanation:

The opportunity cost is presented in situations where there are two or more good options, so the company must choose the option with more benefits leaving the second one that is known as the opportunity cost. The opportunity cost must have lower profits than the option selected.

For example, in the case of the pollution of a lake, the economist concluded that the elimination of pollution should be chosen if the benefit is more significant than the second-best option.

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<em>I hope this information can help you.</em>

4 0
3 years ago
Beth quit her job as a computer programmer for a large corporation to begin her own computer repair business in her garage. To d
Serhud [2]

Answer:   An entrepreneur , a labor

                             

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Labor is the level of physical, emotional, and social effort which is used in an economy to generate wealth. It provides the necessary resources, equipment, and infrastructure to convert raw resources into final services and products.

Hence we can conclude that Beth is entrepreneur and will is labor.

5 0
3 years ago
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