Opportunity cost is the benefit ________
A) received by selling goods on behalf of another division
B) received by selling goods to one of the other divisions within the company
C) given up by purchasing goods at a price lower than its total manufacturing cost
D) given up by choosing an alternate course of action
D
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When a manager is trying to identify how the company can efficiently create promising new offerings , he is addressing the question of value delivery
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The global economy has had a revitalizing effect on some parts of industrial America. 2. Among the negative effects of global interdependency are outsourcing and higher-priced goods. 3. Mergers have surged in the past 20 years because many industries are not suited to midsize or small companies. 4. The Internet has made it more difficult for small firms to get started because now everyone must compete on a global scale.
The competitive-parity method of setting promotion budgets prevents promotion wars between companies
Indicate whether the statement is true or false
Why is there a greater need for effective employee communications now than ever before?
What will be an ideal response?