Implicit and explicit costs are different in that:
1) explicit costs are opportunity costs;...
Implicit and explicit costs are different in that:
1) explicit costs are opportunity costs; implicit costs are not.
2) implicit costs are opportunity costs; explicit costs are not.
3) the latter refer to nonexpenditure costs and the former to monetary payments.
4) the former refer to nonexpenditure costs and the latter to monetary payments.
Answers: 3
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Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.
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Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
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Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no
Answers: 1
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