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White raven [17]
3 years ago
6

How does opportunity cost affect decision making

Business
1 answer:
adelina 88 [10]3 years ago
7 0

Opportunity costs apply to many aspects of life decisions. Often, money becomes the root cause of decision-making. If you decide to spend money on a vacation and you delay your home's remodel, then your opportunity cost is the benefit of living in a renovated home.

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What is the purpose of a food safety management system?
zubka84 [21]

Answer:

To control food safety hazards within a food business in order to make sure that food is safe to eat.

Explanation:

4 0
3 years ago
Mister Jones was selling his house. The asking price was $220,000, and Jones decided he would take no less than $200,000. After
user100 [1]

Answer:

D) not able to be calculated from the information given.

Explanation:

Consumer surplus is the difference between willingness to pay of a consumer and the price actually paid for a good or service.

The price paid by Smith is $205,000 but there's no information on the willingness to pay of Smith. Therefore, the consumer surplus can't be calculated.

I hope my answer helps you.

5 0
3 years ago
Why drill should be performed in single beat?​
bezimeni [28]

Answer:

Once your body gets used to a certain movement your muscle are ready for it just about everyday. If you dont do it all at once then you wont be getting all the stuff that you want.

Explanation:

7 0
3 years ago
Firms that are _______ recognize that including a strong social orientation in business is a sound strategy that is in the best
ruslelena [56]

Answer:

Socially responsible

Explanation:

The term social responsibility refers to give back to the society in which its operates. A firm being socially responsible means that it has an obligation to act for the benefit of society at large.

Being socially responsible helps both the society at large and also the firm. It helps the firm in the sense that it changes the orientation or give a good impression of the firm to the society and also helps the organisation to gain a bigger and larger customer base.

To the society, social responsibility of the a firm provides some basic needs that will improve the well being of the society.    

Example of social responsibility by firms may include, organizing seminars that helps the society to gain more knowledge about a particular phenomenal, construction of health care centers, roads and making  the environment more beautified.

6 0
4 years ago
If you were in charge of managing a group of employees, how would you assess their job performance? Describe at least two method
mixer [17]
One of the most effective ways is to simply monitor them. If youre constantly watching they will be constantly working. Another good way is to have one on one conversations if youre running a small business and based on the last time you talked, you can ask how much more they have got done and analyze the time and amount of work finished. Hope this helps!
8 0
3 years ago
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