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Ray Of Light [21]
3 years ago
12

Dorothy decides that she would like to open and operate a day care facility in her neighborhood. As a result of questions and su

rveys, she determines a day care center is just what her town should have. She and her husband figure what it will cost to start and keep the center going. She then decides on activities, and finds and trains several assistants. What important step has Dorothy overlooked?
A. Determining and complying with licensing requirements
B. Developing a program
C. Determining and meeting start-up and maintenance costs
D. Determining the need for a center
Business
1 answer:
dsp733 years ago
3 0
Dorothy decides that she would like to open and operate a day care facility in her neighborhood. As a result of questions and surveys, she determines a day care center is just what her town should have. She and her husband figure what it will cost to start and keep the center going. She then decides on activities, and finds and trains several assistants. What important step has Dorothy overlooked?


D. Determining the need for a center
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Answer:

a. explicit cost

b. explicit cost

c. implicit cost

d. implicit cost

Explanation:

Explicit costs can be defined as the actual costs incurred to run the business like supplies, utilities, materials or wages, while implicit costs can be defined as the opportunity cost of running the business like the potential salary of working in another job or the possible revenue of renting the current operating location.

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Galina-37 [17]

Answer:

c. Universal Computer Corp.’s purchase of a competitor’s subsidiary.

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Explanation:

Consider the following definition.

What is capital Budgeting ? Capital budgeting is the process a business undertakes to evaluate potential major projects or investments.

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Imagine you are looking at a bottle of salad dressing containing oil, vinegar, and water. you notice that the oil sits on "top"
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: In 2021, Garret Market remained fully open while conducting inventory, but in 2022 Garrett closed during inventory. In 2023, G
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Answer:

The answer is:

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