A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.
What is Sunk Cost?Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.
They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.
Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.
One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.
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Money that has been spent and cannot be recovered is known as sunk costs.
What is sunk costs?Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.
Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.
A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.
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southerners complained that their economy was crippled by the __________.
Answer:
tariff of 1828
Explanation:
DeShawn formed a hiring committee for his advertising company. Six employees (including two managers) met to discuss applicants and select the finalists for a copywriter position in the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because they sent forward a candidate they believed would be a good work colleague, and their input facilitated the ultimate decision. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.\
The head of public relations utilized a leadership style called democratic or participative style.
The democratic leadership encourages the active participation of the members of the hiring committee, who select the finalists for the position.Decision-making is shared between the hiring committee and the head of the public relations department. The hiring committee carries out candidates evaluations to guide the final decision by the head of the department.As the direct opposite of the participative or democratic leadership style, the autocratic style does not encourage the committee to decide the final candidate for the position.Thus, a democratic leadership style is participative and encourages input from members of the selection group.
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fob destination means that goods are owned by the buyer as soon as ______.
FOB Destination describe goods whose risk will be catered by Seller until being delivered to the buyer.
FOB Destination is an acronym for "Freight on Board" Destination
The FOB Destination is a marine term used to describes that legal title of goods belongs to the Seller until they are delivered to buyer.In other word, its means that seller of a product owns the risk of loss on a goods until its is delivered to the buyer.In conclusion, the term states that the goods are owned by the buyer as soon as it is not delivered to the buyer.
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Which is NOT a main goal of advertising?
To evaluate: gives a company a measure of how many customers it reaches.
To persuade: shows why the brand is the best.
To inform: introduces a brand new company, product, or service.
To remind: reinforces the brand message.
Answer:
to remind
Explanation:
because you need to persuade people and inform people and before you do that you have to evaluate
John has just paid off the full balance of his credit card. What happens to the
debt?
a. John will be paid an interest
b. It is added back to his credit limit to be used again
c. His credit limit will be increased
d. It remains a debt
Answer:
I think the answer is B. If It's correct please give the brainliest award.
John has just paid off the full balance of his credit card. It is added back to his credit limit to be used again. Thus the correct option is B.
What is a credit card?A credit card is referred to as plastic money that allows an individual to do shopping or buy products above the limit of credit cards by borrowing from the bank.
When an individual paid off the full balance of his credit card. It gives a good impression on the lender and helps in improving the credit rating of an individual and can allow for ease in accessing loans.
When an individual pays off the full balance that amount is added to the account and the credit limit can be used again. when the payment is not made timely the interest will be charged at a particular rate.
Therefore, option B is appropriate.
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All of the following are important to consider when deciding if a vocational
school is right for you except
A. the lack of general education,
B. how new the school buildings are.
C. the duration of the program.
O D. the range of career options.
Answer:
b.
Explanation:
just took the test
Given information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is the rupee. Assume that the values are all current and no conversions need to be made. The government spends 3.40 trillion rupees. Individuals consume 9.60 trillion rupees. Individuals save 5.01 trillion rupees. Businesses invest 1.40 trillion rupees. Foreigners invest 0.70 trillion rupees. Pakistan imports 2.33 trillion rupees. Pakistan exports 1.23 trillion rupees. Pakistan's GDP is _________ trillion rupees.
The Gross domestic product of Pakistan is 13.30 trillion rupees
The gross domestic product (GDP) of country is the total value of all the goods and services a country produces in a year.
GDP can be calculated using the expenditure approach. The expenditure approach entails adding the total amount spent by consumers, government and businesses in the production process.
GDP using the expenditure approach = amount spent by consumers + business investment + Government spending + (export - import)
9.60 + 3.40 + 1.40 + (1.23 - 2.33) =
9.60 + 3.40 + 1.40 -1.10 = 13.30 trillion rupees
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When you start a new job, you receive a form that you use to prove that you are eligible to work in the U.S. What is this form?
I believe it's a Work Permit.
which general staff member negotiates and monitors
Answer:
The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.
what is the name of the document that tells you what you need to pay on your credit card?
Answer:
A billing statement, commonly referred to as a bill.
when ramiro inspires his employees to do their best to help the organization meet its goals, he is:
When ramiro inspires his employees to do their best to help the organization meet its goals, he is leading.
Who is a leader?This is a person that has the qualities and the capacity to drive a group in the right direction.
A leader has to be someone that is inspirational. As a leader, Ramiro should be able to help the organization to attain their goals.
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what is a consequence of not having health insurance?
A consequence of not having health insurance is:
A person may not be able to afford healthcare if he falls illHealth insurance is the type of insurance where a person pays a premium periodically to cover the medical costs in case of an illness, surgery or any other health related problems.
This is important because:
It protects the insured from unexpected medical emergenciesSome health services come at a subsidized rate for such personSome preventive measures are available at no cost, etcTherefore, one consequence of not having a health insurance is that any sudden medical emergency can catch a person unawares and he would not be able to afford treatment.
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Which person used a cost-saving strategy when deciding how to spend their money?
a. when selecting a new tablet, Rosita carefully read about the features of each model.
b. when purchasing a new jacket, Thao chose the one that was manufactured locally.
c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.
d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
will give brainliest!
The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.
What is cost-saving stategy?The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business
What is a dirt bike?The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.
Hence, option D is the correct answer
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what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?
Explain the technique of making bamboo based handicrafts with an example.
Answer:
Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.
Explanation:
Example: •Bamboo furniture
•Bamboo toys
•Bamboo wind chimes
•Bamboo lamps and lanterns
•Bamboo placements and coasters
The technique bamboos are processed into thin strips or sheet materials for bamboo plaiting, known as bamboo strips and the processing procedures of bamboo strips include selecting materials, sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering. For example, bamboo furniture.
What is the process of making bamboo handicrafts?The process of making bamboo handicrafts is given below. First, the bamboo is completely dried before use. The bamboo is segregated in the beginning according to the products that are going to be made. They are cut to the required sizes with the help of a bamboo sawing machine. The cut bamboo sticks are arranged for the products that have to be made.
The products are always made depending on the client’s orders. For example, to make a stool, bamboo is cut respectively into four sets to make the legs and eight sets of smaller lengths to connect the legs horizontally to get a firm hold of the four legs of the stool. A stool is something similar to that a chair but doesn’t hold a backrest.
A stool is a seat for a single person without any backrest.
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Katy Mills Mall contains two department stores, numerous specialty stores, a multi-screen movie theater, and various restaurants. Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.
Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.
RegionalA regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.
According to the given question, we are told that Katy Mills Mall has two department stores which are specialty stores, a movie theater and various restaurants.
However, because this shopping center does not contain any convenience stores, then it is a regional shopping center
Therefore, the correct answer is Regional
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the price elasticity of demand of a straight-line demand curve is
Explanation:
Elasticity along a straight line demand curve varies from zero at the quantity axis to infinity at the price axis
goal displacement, satisficing, and groupthink are:
Goal displacement, satisficing, and groupthink are the advantages of group decision-making.
Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.
During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.
Some of the advantages of the group decision-making include goal displacement, satisficing, and groupthink.
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The inflation rate measures the A. percentage change in the price level from one year to the next year. B. percentage change in the quantity of goods and services consumed by urban consumers. C. cost of the CPI market basket at base period prices divided by the cost of the CPI market basket at current period prices. D. cost of the CPI market basket at current period prices divided by the cost of the CPI market basket at base period prices. E. average price of the goods and services consumed by urban consumers.
Answer:
Its D
Explanation:
with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
MarketingAccording to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.
The best type of strategy that Marriott needs to undertake would be a marketing strategy.
This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.
Therefore, the correct answer is marketing
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a demand curve shows the relationship between price and _________________ on a graph.
Answer:
relationship between price and quantity demanded
Explanation:
Plz Mark Brainliest
A demand curve shows the relationship between price and quantity demanded.
What is the demand curve?
The demand curve is a downward sloping curve that shows the relationship between price and quantity demanded. The relationship between price and quantity demanded is negatively related. As price increases, the quantity demanded decreases and as price decreases, the quantity demanded increases.
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What two cultural factors influenced the variety of Chinese lays potato chip flavors
The two cultural factors that influenced the variety of Chinese lays potato chip flavors are Regional tastes and preferences and Chinese cuisine and ingredients.
What are tastes and preferences ?Tastes and preferences refer to an individual or group's personal likes and dislikes when it comes to food, drink, or other things.
In the context of food, tastes and preferences are influenced by factors such as culture, upbringing, personal experiences, and health considerations.
The Regional tastes and preferences and Chinese cuisine and ingredients are the cultural factors that influenced the variety of Chinese lays potato chip flavors.
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All of the following are advantages to the franchisor except a. fast and selective distribution of products. b. a freeing up of capital for expansion of goods and services. c. no involvement in national advertising campaigns. d. gains from the franchisee's high motivation. e. assurance of how the outlets will be maintained and operated.
The statement that does not explains advantages to the franchisor is B:no involvement in national advertising campaigns.
The franchisor can be regarded as the original or existing business which give out its name out on a price for other business to have the right to use the name and idea. The franchisor then is responsible for continual guidance as well as support as regards general business strategies.One of the advantage of a franchisor is that they provide high motivation to the business under them.Therefore, franchisor give out their name fir a price.
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what is the name of the file management application?
Answer:
Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.
Creating and providing improved working conditions has created a number of emerging careers.
True or false
Answer:
true
Explanation:
because if you improve the way thing look and the way thing work people will find working there amusing.
24. When documenting animal data, what is typically not included in the record?
pedigree
breeding plan
weight
estimated lifespan
What does SSQ stand for?
Answer:
Special Skills Qualification (most likely)
Explanation:
There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.
Which statement describes the effect of inflation?
A. Inflation does not affect the value of an object.
B. Inflation does not affect the cost of an object.
C. Inflation increases the cost of an object or decreases the value of
an object.
D. Inflation decreases the cost of an object or increases the value of
an object
Is it C?
Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services
The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.
What is the effect of the inflation?Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.
Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.
Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.
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What people need to make a phones?
Answer:
Some electronic gadgets wires and all other stuff
It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
