Answer:
Let's say that that Daniel has work on the same day his friends want to see a movie.If Daniel misses out on the movie the oppertunity cost will be missing out on the movie to go work.If Daniel skips work, the opportunity cost will be the wages lost from work.
Explanation:
Answer: Target market
Explanation: The target market simply mean a group of people within an environment in which the goods produced and services rendered by a particular organization is aimed. The organization identifies their target market on the basis of characteristics such as sex, age, race, cultural inclination and so on. After identifying the target market, the organization designs and implements their goods and services based on the needs of the targeted consumers and ultimately results in mutually beneficial investments for both parties.
Answer:
Telecommuting
Explanation:
Telecommuting can also be referred to as work form home or remote work. It is the kind of work that doesn't require employees to travel or commute by train or bus to a central work-space such as an office. With advent of technology and internet, employees can do work remotely by the use of their mobile phones, land lines laptops and computers. Telecommuting overtime have been seen to improve employee's quality of life because of reduced commuting; frequent travels and traffic jams can impact health as a result of stress. This also reduce air pollution and congestion caused by cars.
