The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):

A) Alternative cost.
B) Sunk cost.
C) Out-of-pocket cost.
D) Differential cost.
E) Opportunity cost.


E) Opportunity cost.

Business

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A supplier invoice

a. is included with the goods b. shows what was ordered even if all was not shipped c. is sent by vendor to accounts payable d. none of the above

Business

To be an effective public speaker, you need to learn how to use your ____ to capture and hold peoples' interest.

A. body language B. voice C. visual aids D. all of the above

Business

Explain the two ways in which a bank can sell its position in a syndicated loan

What will be an ideal response?

Business

In the Parable of the Sadhu: A) the lesson of personal values vs. organizational or group values is drawn

B) the lesson that the rules of business prevail over personal values is drawn. C) the lesson of survival of the fittest is given. D) the lesson of "every man for himself" is critical for business survival.

Business