Irrelevant costs

A) do not differ among alternatives.
B) can be avoided by a business.
C) are the same as opportunity costs.
D) are costs that will be incurred in the future.


A

Business

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Along with 50 other candidates, Paula applied for the position of analyst at Atticus Inc. Because Paula's profile stood out from other candidates' profiles, she was called for an interview in which she performed well. In the context of the steps involved in the selection process for recruitment, which step would most likely be taken next by the recruiter?

A. verifying Paula's qualifications through background checks B. sending Paula a job offer letter C. reviewing Paula's work samples D. negotiating salary and benefits with Paula E. getting Paula to sign the job offer

Business

LNG is a large multinational appliance manufacturer. The company gets raw materials from many vendors. In this case, LNG is characterized by ________.

A. very low threat of substitute products B. high bargaining power over its suppliers C. very low threat of new entrants in the market D. low bargaining power over its suppliers E. very high bargaining power over its customers

Business

When deciding on an organizational plan, you do not need to consider the specific action you want the reader to take

Indicate whether the statement is true or false

Business

If a company has a superior product, customers will always be willing to pay a higher price for higher value. 

Answer the following statement true (T) or false (F)

Business