Businesses owners will always think of opportunities, the expansion of electric vehicles will impact the economic dimension for Sushil's firm.
<h3>
What is economic dimension of business?</h3>
It is the ability of businesses and firms both public and private sectors to implement profitable practices in their production processes.
This is done to increase the growth of the organization, improve the standard of living and increase the overall income generated.
Therefore, the expansion of electric vehicles will impact the economic dimension for Sushil's firm.
Learn more on business environment here,
brainly.com/question/17961245
Answer:
C
Explanation:
Since it is a deal on luxury cars, it is expected that the amount of money that will be allocated to start it by Tiyona motors would be high. Also, before Tiyona motors decided it would be running this kind of investment, there had been other players in the game. As a green horn in the luxury car business, it is expected that there would be a huge competition from pre-existing companies who have been in the game before Tiyona motors.
The above explanation is the reason why option C is the correct answer
Answer:
irrelevant costs in Boise’s outsourcing = $25500
Explanation:
given data
variable costs = $80,000
fixed operating costs = $25,000
administrative overhead = $18,000
fixed operating costs reduced = 70%
to find out
The irrelevant costs in Boise’s outsourcing decision total
solution
we get here first reduction in traceable cost that is
reduction = 30% of $25,000
reduction = $7500
so irrelevant costs in Boise’s outsourcing will be
irrelevant costs in Boise’s outsourcing = administrative overhead + reduction cost
irrelevant costs in Boise’s outsourcing = $18000 + $7500
irrelevant costs in Boise’s outsourcing = $25500
A risk assessment grid is used to describe the overall process or method where you: identify hazards and risk factors that have the potential to cause harm. You also analyze and evaluate the risk associated with that hazard.
(Ex: Qualitative and Quantitative)
Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.
Explanation:
Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work.
Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.
