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muminat
3 years ago
12

Brazil spent billions of dollars to host the Soccer World Cup and the Summer Olympics. The opportunity cost of hosting these eve

nts is​
A. ​ the opportunity to host these events in the future.
B. ​ the monetary cost expressed in reals (Brazilian currency).
C. increased taxes to pay for the events.
D. ​ the next best alternative bundle of goods and services that could be provided.
Business
1 answer:
saw5 [17]3 years ago
8 0

Answer:

the next best alternative bundle of goods and services that could be provided.

Explanation:

Opportunity cost can be described as the cost of what was given up in order to carry out a particular activity. It is the next best alternative bundle of goods and services that could be provided. It is also known as implicit cost and it is used in calculating economic profit.

Economic profit = Accounting profit - Opportunity cost

The monetary cost expressed in reals (Brazilian currency) is the explicit cost.

Explicit cost is the actual cost incurred in carrying out an activity.

Accounting profit = Total revenue - Explicit cost

I hope my answer helps you

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Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their com
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Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their competitive capability related to Flexibility.

<u>Explanation:</u>

The main components that decides the success of any business is the way they treat their customers. There are few important things to be kept in mind and practice while serving customers. the person dealing with the customers directly must have certain skills. These skills includes, Communication skills, listening skills, professionalism, problem solving and flexibility.

The ability of the person who is dealing with the customers to deal with different kind of situations refers to the flexibility of that person. The customers of any business has different need and their levels of satisfaction differs. It is very essential for a person dealing with the customers to be flexible with the customer's need and fulfill the level of satisfaction.Flexibility in customer service means ability to adjust to situations. Each customer has different needs and flexibility skills means being able to address effectively the dynamics of every customer encounter.

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4 years ago
The inventory valuation method that identifies each item in ending inventory with a specific purchase and invoice is the:
scoray [572]

Answer:

d. Specific identification method.

Explanation:

The specific indentification method relies on the specific categorization of the ending inventory, by attaching the date or purchase and the exact cost to every item of the ending inventory.

As it can be seen, the method is very accurate, because it can give the real value of ending inventory at the end of the year. However, it is also very time-consuming and difficult to keep up with, and for this reason most companies only use this method for items that are valuable, or that can be easily categorized in a specific date and price.

Most companies use other inventory valuation methods like LIFO, FIFO, and weighted average.

8 0
4 years ago
6.
Vikki [24]

Answer:

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Explanation:

Brand performance is the concept that compares and contrasts the goals a brand sets and how it meets those targets.

Therefore, brand performance is the concept that describe how well a market fulfills customers needs.

The answer is D

6 0
4 years ago
Danny, a longtime hotel manager for Hilton, was meeting with Sara, a regional manager, and telling her about his recent decision
sesenic [268]

Answer: rational decision-making model

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Danny's choice to go against other people decision and using a detailed and different consideration for the employee decribed he used a rational decision making model, he still believed in the individual when others did not, and this affected his decision and didn't allow that of others to influence him.

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3 years ago
Provide a recommendation to Kimishima on how Nintendo should formulate its strategy to compete successfully in the gaming indust
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Answer:

Recommendation to Kimishima about Nintendo is given below:

Explanation:

Nintendo already have a goodwill with [now adults] because they have been playing Nintendo during their childhood, this goodwill can be revived by developing a software [Game] which is famous in Adults [Reality Game]. Also Nintendo can develop a hardware [Gaming Console] which should be compatible with other developers games and possibly cheaper in price to attract customers.

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3 years ago
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