Opportunity cost of your decision

Assignment Help Business Management
Reference no: EM1365725

Opportunity cost of your decision

What is the opportunity cost of your decision, if you are expecting to pay $100 for an item but learn that a store 2 miles away is charging $50 for it. How does this decision benefit you?

Reference no: EM1365725

Questions Cloud

Calculating design and effective capacity utilization : Compute the design and effective capacity utilization measures - Calculating design and effective capacity utilization
Important information about location strategies : The owners of Speedy Logistics, a company that provides overnight delivery of documents, are considering where to locate their new facility in the Midwest.
Calculating the coordinates for warehouse : Joe's Sports Supplies Corporation is considering where to locate its warehouse in order to service its four stores in four towns: A, B, C, and D.
Question about location strategies : The Quick Copy center for document copying is deciding where to locate a new facility. The annual fixed and variable costs for each site it is considering have been estimated
Opportunity cost of your decision : What is the opportunity cost of your decision, if you are expecting to pay $100 for an item but learn that a store 2 miles
What are the key industry conditions : What strategy (or strategies) should the company use to continue its growth and Is Gary Kelly the right person to head up Southwest Airlines at this time?
Money management strategy for handling personal finances : What is a successful money management strategy for handling personal finances?
Why is management control important to financial planning : Why is management control important to financial planning and what are the dangers of not incorporating management control into the financial plan? Provide an example to support your answer.
Show the components of a financial plan : create a financial plan for your health care organization, what are the main components you will address in your plan? Why?

Reviews

Write a Review

Business Management Questions & Answers

  Maturing industry situations

emerging industries, turbulent environments, maturing industry situations

  Framework which incorporates major ib concepts

Based on the case of Toyota, 1) develop a framework that incorporates major IB concepts found in the case, and 2) explain the major reasons for Toyota's global success. ( case name, Toyota: The Rise of a Global Corporation)

  Global economic situation and effect on the u.s.

The global economic situation, if not controlled at present, will continue in the future and diminish the capability

  Different plants to satisfy an unexpected demand

Efferson Smurfit Company is a multi-billion-dollar supplier of packaging materials. One of its salespeople reorganised production schedules at three different plants to satisfy an unexpected demand for boxes from General Electric

  Explain and prepare an efe and cpm matrix

Explain and Prepare an EFE and CPM matrix for McDonald's Corporation using Burger King and Wendy's for competitors

  Explain strategic management discussion

Determine whether or not the mission and vision has been adequately communicated to employees and customers. Provide examples of support or lack of evidence.

  Framework developed for creating a teaching organization

Describe the framework developed for creating a teaching organization and identify and describe the first five steps in creating a teaching organization.

  Explaining leader-member exchange model

How can political skill help a person avoid being adversely affected by the leader-member exchange model?

  Cpi and a basket of goods

what is the CPI and a basket of goods - Would you expect the same salary to work in each of these different cities: Denver, San Francisco, New York or Portland?

  Hospital administration

Hospital Administration - Explain what is the relationship between the board of directors and the medical staff

  Questions regarding the cola wars

Strategies of Pepsi as well of Coke contributed to the situation of cola war

  Organization values

Organization Values - Why is it that an organization's values and norms can become too strong and lead to unethical behavior?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd