Answer:
a. Barney's monthly explicit costs: $161;
b. Barney's monthly implicit costs: $11,816;
c. Barney's monthly economic costs: $11,977
Explanation:
a.
Barney's monthly explicit costs include any costs that he actually paid extra every month as the result from running his business including: cost of office supplies + cost of electricity bill = $71 + $90 = $161
b.
Barney's monthly implicit costs include any cost that he does not actually pay extra, yet he has to sacrifice these income as the results of running his business which includes: Cost related to his salary sacrifice + Cost related to his apartment rental = 10,890 + 926 = $11,816
c. Barney's monthly economic costs = Barney's monthly explicit costs + Barney's monthly implicit costs = $11,977
Answer:
Explanation:
Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.
Jackson motors tells sue, a consumer, that bliss automobiles are made with metal bodies when they are in fact made of fiberglass. This would be considered a fraudulent misrepresentation.
Under contract law, a plaintiff can recover compensatory damages against any defendant when the court finds that the defendant has committed a fraudulent misrepresentation. Courts will find that a defendant has committed a fraudulent misrepresentation when following factors have been met:
a representation was made by the defendant, the representation which was made was false
that when it is made, the defendant knew that the representation made by him was false.
that the fraudulent misrepresentation was made with the intention so that the plaintiff rely on it.
To know more about fraudulent misrepresentation here:
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Answer:
d. Strategy implementation.
Explanation:
Strategic implementation is the process of putting the strategy into action.
After strategic planning, which is the definition of the action plans necessary for a company to achieve the defined objectives and goals, it is the phase of strategic implementation, which is the process of executing the plans defined in the planning stage.
Therefore, when implementing the strategy in an organization, it is necessary that the action plans are constantly monitored, so that the managers can have knowledge of the performance of the designed strategy, to prevent failures, correct some essential factor for the effectiveness of the action plans, monitor the internal and external environment, monitor the performance of employees, etc., in order to seek continuous improvement of the company's strategic action processes to achieve the expected objectives.
