Answer:
$8000
Explanation:
They have to pay $8,000 as an implicit costs.
The implicit expenditure is the advantage of the right to use the personal resources of a company that is not listed as actual, distinct expenditures.
Computation of Implicit cost for the Boston Batting Cage :
Implicit cost = Labor + maintenance + electricity
= $5,000 + $2,000 + $1,000
= $,8000
Answer:
Cost Containment
Explanation:
The reason is that the cost is the main factor when the the market players have equivalent capabilities and the firm then tries to manage the overall cost of the organization so that it can offer the product at the discount to the competitor's product. This lower cost gives the competitors advantage which the company utilizes in their best interest.
Explanation:
would is our house.
all peoples that live on this earth they are our relatives.
all peoples and animals are our family.
all are our brothers and sisters.
I love this world.
we have to always give respect to our parents, teacher and all elders.
The world is the house of all our relatives' simply means that the world belongs to each one of us and that we are a one big family. Everyone is bonded by the fabric of life and that makes us all alike and related.
This line denotes the idea that every single person on earth is connected to one another in one way or the other. No man is stranger because if we look closely, we are all from the same genus.
It is important that we treat each other respectfully and dearly for we are all a part of one big family.
FALSE. Directive leadership is thought to be less effective when employees have low levels of ability.
If employees have low levels of ability this is when they need directive leadership.
Answer:
Increase revenue
Explanation:
Cost benefit analysis involves comparism between the cost incurred by doing an activity and the benefit to be derived. For example if the cost of buying a machine is $100 and the revenue I can realise from it is $500 then the benefits outweighs the cost.
In this instance the software package permits an organization to offer its customers expanded services, therefore there is an opportunity to increase revenue.
