Explain the concept of opportunity cost, giving at least one example from your life
What will be an ideal response?
Opportunity cost is the value of something that is given up to obtain something else. For example, the cost of going to college includes more than tuition. It also includes the income that a student could have earned by working instead of going to classes.
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A situational leadership approach, whereby any given leader can handle and adapt to the various needs and capabilities of different followers and situations at various point in time is ______.
a. inflexible b. flexible c. fluid d. impossible
Ballard Company reported assets of $500 and liabilities of $200. What amount will Ballard's report for stockholders' equity?
A. $700 B. $500 C. $300 D. Cannot be determined
If a market segment is especially motivated by coupons in newspapers, which segmentation success criterion is most influential in the success of this program?
A. responsiveness B. identifiability and measurability C. substantiality D. accessibility E. functionality
A ________ designs and writes computer codes
A) technical writer B) systems analyst C) programmer D) business analyst