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lbvjy [14]
3 years ago
10

Emily works in the stockroom at a retail store for $10/hour on Saturdays. The store is within near walking distance of her home.

She can make $15/hour by babysitting on Saturday, but she must spend $2 on gas to drive to her babysitting job. What costs must Emily consider when figuring out her willingness to sell? Select all that apply. Correct Answer(s) the cost of personal items (e.g., phone and clothes) Emily uses during babysitting the $4 in direct costs she would spend to drive to and from her babysitting job the opportunity costs of not working at the store on a Saturday when she babysits
Business
1 answer:
KatRina [158]3 years ago
7 0

Answer:

Option (B) and (D) are correct.

Explanation:

The opportunity cost refers to the benefit that is foregone by choosing some other alternative. Simply, it is the benefit that is obtained from the next best alternative.

Let's consider this statement: The opportunity cost of investing in capital is the loss of the consumption that is obtained from the transfer of resources towards investment.

Following are the costs that she must consider:

(i) The $4 in direct costs she would spend to drive to and from her babysitting job.

(ii) The opportunity costs of not working at the store on a Saturday when she babysits.

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Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but a
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<h2>"Social audit documents" will give Katelyn the information about how socially the company has involved to protect the planet and people.</h2>

Explanation:

Let us understand what a social audit is.

  • It is an official evaluation about the involvement in social responsibility projects by the organization.
  • It creates an impact on the governance.
  • This prevents public relations crises associated with ethical or legal misconduct.
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The social activities that it includes are:

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7 0
3 years ago
Charles has decided to open a​ lawn-mowing company. To do​ so, he purchases mowing equipment for ​$​, buys gasoline ​($ in gas i
Masja [62]

Answer: $8,600

Explanation:

Implicit cost is also known as the opportunity cost which means that it is the benefit of the next best alternative that was foregone when the current decision was made.

The implicit cost here is therefore:

The $8,000 that Charles could have been making as a lifeguard.

The interest per year he could have been earning on the $5,000 he used to buy mowing equipment.

The depreciation on the mowing equipment because depreciation is not an explicit cost but an implicit one.

= 8,000 + (2% * 5,000) + (10% * 5,000)

= 8,000 + 100 + 500

= $8,600

6 0
3 years ago
Country a is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and
eduard
<span>Country is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and other​ groups, it has​ collectivism.
</span>In cultures in which collectivism predominates, group decisions are valued and accepted.
<span>In individualism on the other hand, the primary concern is for themselves and their families.</span>
4 0
3 years ago
Corporate strategy for a diversified or multi-business enterprise chiefly concerns the development of a strategic vision a set o
harkovskaia [24]

Answer:

Corporate Strategy

Corporate strategy for a diversified or multi-business enterprise:

"concerns strategy initiatives to establish business positions in different industries, whether to hold or divest from existing businesses, strategic actions to boost the combined performance of the set of businesses the company has diversified into, and how to capture cross-business synergies, and then turn them into a competitive advantage."

Explanation:

Corporate strategy is concerned with market growth, stability, and organizational renewal.  The purpose of corporate strategy is to achieve greater profitability, higher market share, and sustainable growth in revenue through product and market diversification. A corporate organization, in trying to grow, engages in business restructuring, establishing strategic partnerships, and achieving organizational excellence.  These activities emanate from corporate strategic planning.

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2 years ago
Define the sentence : A marketer can realise their goals by manufacturing ,selling , improving and modifying the product . ​
andreyandreev [35.5K]

Answer:

Having a great marketing strategy in place is key to the success of any business. Without a marketing strategy, you lack focus. And without focus, you will, quite simply, fail to reach any of the goals and objectives that you have set. Failure to plan is planning to fail.

Marketing is not a standalone, one-off activity. It is made up of several different components that are necessary throughout each and every stage of a business’s endeavours - from long before a sale is even made, to long after. With so much going on, it is essential to have a strategy in place.

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2 years ago
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