Answer:
b.) fixed cost
Explanation:
Fixed cost is a cost which has incurred and does not varies with change in the amount of goods being produced or being sold in the market.
These are expenses are paid by the company
Fixed costs are independent of any business related activities.
Here,
the lease amount is paid once for a vehicle and the lease amount of this truck does not varies with the amount of products company produces.
Answer:
When gasoline prices increase, a larger share of households' budgets is likely to be spent on it, which leaves less to spend on other goods and services. The same goes for businesses whose goods must be shipped from place to place or that use fuel as a major input (such as the airline industry).
Explanation:
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Answer:
planning
Explanation:
it Helps to Set the Right Goals
In particular, planning helps to critically assess the goal to see if it's realistic. It facilitates decision making and allows setting a time frame by predicting when the company can achieve its goal
