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Marianna [84]
3 years ago
14

Difine the following 1 operetional cost 2 social cost and 3 complementary goods​

Business
1 answer:
Valentin [98]3 years ago
7 0

Answer:

1. expenses related to the operation of a business

2.sum of the private costs resulting from a transaction

3. complementary good is a good whose appeal increases with the popularity of its complement.

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Gino, a team leader at a business process outsourcing firm, tells the human resource department that a significant share of his
Olegator [25]

Answer:

The department's recommendations would most likely be based on Performance management

Explanation:

Performance management is undertaken to ensure that the activities that are performed are as per the requirements of the organization. It evaluates the performance. It can be of an employee or a department.

Here the actual performance is compared with the standard performance and if any deviation arises then steps are taken to overcome it. Like in this example department is providing training on time management to improve performance.

6 0
4 years ago
A disadvantage of the corporate form of business entity is
lapo4ka [179]

Answer:

A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.

3 0
3 years ago
When outcomes are uncertain, managers need to Group of answer choices describe the risks involved. evaluate the risks involved.
Alenkasestr [34]

Answer:

all of the above

Explanation:

When outcomes are uncertain, a manger must recognise and describe the risks involved. After identifying the risks, the risks must be evaluated to determine the extent of the risk and how the risk would affect the business. After the risks have been evaluated, the risk should be managed. For example, by taking insurance.

For example, if a manager wants to purchase a machine,

the manger has to identify the risks involved : the machine can be stolen, it can injure workers or it might not produce the desired effect

The manger must then evaluate the risks. The risks can be evaluated using capital budgeting methods. e.g. NPV

The manger can manage the risk by taking out insurance

3 0
3 years ago
Repositioning moves a product on the Perceptual Map from its old location to a new one. When does the new location become active
salantis [7]

Answer:

The correct answer is E

Explanation:

Repositioning is defined as the strategy which is when the company changes the status of the brand or product in the market place. And it usually involve the changes to the marketing mix, which involve promotion, product, price and place.

It is done to keep up with the wants and the needs of the customers. So, in this case, the repositioning moves the product on the map from old location to new location. Therefore, the new location will be active, the day when Research and Development (R&D) projects completes.

7 0
3 years ago
The purpose of business activity is to make profit for business?<br><br> True\False
vladimir2022 [97]
The answer is true .
8 0
3 years ago
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