Answer:
explanation of opportunity cost:
A. Because of scarcity, people must make choices, and each choice incurs a cost
exampes of opportunity cost:
A. The money spent on a movie ticket cannot buy a Blu-ray player
C. The time spent preparing for a test cannot be spent playing computer games
Explanation:
The opportunity cost refers to the return or ouput of the resource used in the best alternative decision.
That means, the wages we get fro ma certain job most be compared with the wages we could do in another to really check if we are making a gain or not with our job.
Same applies for capital and other factors.
Answer:
awareness training
Explanation:
Based on the scenario being described within the question it can be said that in this situation Floyd is using awareness training on his new employees. This type of training focuses on developing specific skills, knowledge and attitudes regarding their own cultural identity as well as the cultural identities of all those around them, and how they can relate to one another.
Answer:
a. True
Explanation:
This statement is true, as the business plan is a document that contains all the detailed details of the business objectives, the actions necessary to achieve these objectives and goals.
An effective business plan will be one that will help to reduce the risks and uncertainties added to a business, helping to better position a new organization in the market. Included in the business plan are financial planning, marketing planning, operational planning and all the necessary steps for the company's activities to take place in an anticipated manner, increasing the potential of the organization.
Answer:
You must deposit "$74,806.25" today.
Explanation:
The given values are:
Periodic payment,
P = $10,300
Rate of interest,
r = 
= 
Number of periods,
n = 
= 
Now,
The PV of annuity will be:
= ![\frac{P\times [1 - (1 + r)^{-n}]}{r}](https://tex.z-dn.net/?f=%5Cfrac%7BP%5Ctimes%20%5B1%20-%20%281%20%2B%20r%29%5E%7B-n%7D%5D%7D%7Br%7D)
On substituting the given values, we get
= ![\frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}](https://tex.z-dn.net/?f=%5Cfrac%7B10%2C300%5Ctimes%20%5B1%20-%20%281%20%2B%202.2%20%5C%20percent%29%5E%7B-8%7D%5D%7D%7B2.2%20%5C%20percent%7D)
= 
= 
($)
Answer:
The correct answer is letter "A": Greet each group member as they arrive.
Explanation:
If arriving before prospective clients in a business meeting, the salesperson must show his manner and <em>greet every possible customer on their way in</em>. This will let them have an idea of what type of person they are dealing with and could represent a big opportunity to "break the ice" starting small talk.
