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inysia [295]
3 years ago
11

The opportunity cost of a decision is measured in terms of

Business
1 answer:
Neko [114]3 years ago
5 0

Answer:

4. the next best thing given up. the price of a new opportunity that arises.

Explanation:

The opportunity cost is the cost we incurr when we choose something instead of other alternatives. To put it more simply: it the cost of the alternatives that we give up when we choose something.

For example, suppose I have $1,000 and have two options: 1) putting the money on a savings account that pays 2% annual interest 2) buying and Iphone X.

If I put the money on the savings account, the opportunity cost is the lack of enjoyment that and Iphone X would have provided me.

And if I bought the Iphone X, the opportunity cost would be the lack of interest earned on the deposit.

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Using college students as the market segment, describe the most relevant reference group(s) and indicate the probable degree of
Sergio039 [100]

Answer and Explanation:

A. Toothpaste brand: Toothpaste is a commonly used, inexpensive, and very popular product. These decisions are governed mainly by the reference group such as family , friends or primary group with whom a student has regular face to face experiences. Hence the purchase decision is affected by a low degree of comparison community.

B. Buying a hybrid car: A hybrid car is sometimes described as expensive and luxury products. It's moreover a non-necessity commodity for a college student. These decisions are therefore usually affected by secondary community. And a high degree of control in the comparison community will only inspire a student to buy a car.

C. Buying cereal for breakfast: This is a simple requirement of a lifetime. Therefore, even without consulting any reference group a student can buy such product. Often such transactions are rules by family group control. So it needs a low degree of control.

D. Becoming a vegetarian: It takes a high degree of influence and motivation to become a vegetarian.

Thus the aspirational group influences a student. So they opt for vegetarianism to become part of such a community. Such decision taking involves a high degree of control.

E. Option of a computer tablet like the iPod: these products are a luxury commodity sold at regular prices. Typically refer to their families , friends, magazines before making a purchase student to get an idea about the output and price of these products. These goods are the weak product with a strong brand and a strong purchase is controlled by a strong reference community impact.

4 0
3 years ago
In making an overall assessment of a company's competitive strength, the answer to which questions are of particular interest?
user100 [1]
<span>To find overall assessment of company's strength below steps are followed: 1. Evaluating how well the strategy is working 2. Scanning the environment to determine a company's best and most profitable customers 3. Assessing whether the company's costs and prices are competitive 3. Evaluating whether the company is competitively stronger or weaker than key rivals 5. Pinpointing what strategic issues and problems merit front-burner management attention</span>
7 0
3 years ago
The legal definition of "small business" varies by country and by industry. In the United States, the Small Business Administrat
tamaranim1 [39]

Answer:

Leasing as a capital financing is an alternative for small business for three important reasons: better technology, better capital management and tax incentives.

Explanation:

1. Better technology for the business.

Instead of buying the equipment, a lease is a better option because allows the organization to use cutting edge technology for the operation of a business.

2. Better capital management.

Buying machinery is a capital-intensive activity. Leasing let use the same machinery by less amounts of money and invest capital in other useful activities for the organization.

3. Tax benefits

Leasing is  tax deductible. Reducing the fiscal pressure over the small business.

6 0
3 years ago
Telecom Company is preparing its annual budgeted income statement. What is the best place to locate the amount of interest expen
anyanavicka [17]

Answer: d. Cash Budget

Explanation:

The Cash budget is used to project the company's expected position in terms of the cash it holds in the future. As such, the budget contains both cash receipts and cash disbursements.

Some of the disbursements include expenses and loan payments. The loan payments are where the interest expense will be found for the coming year.

5 0
3 years ago
Martha is a 50% partner in the am partnership and has an outside basis of $112,000 at the end of the year prior to any distribut
poizon [28]

Answer:

0 gain ; 72,000 basis

Explanation:

Given that

Outside basis at the end of the year = $112,000

Received a proportionate operating distribution in cash for $40,000

So by considering the above information, the amount of gain or loss is zero as she does not recognized in the distribution and her basis in her partnership interest is the remaining amount i.e

= $112,000 - $40,000

= $72,000

3 0
3 years ago
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