No, I don't think we have my name is li Xiao, my name is Fred Smith. Jimmy practice medicine hi, miss Watson a pleasure to meet you. Jack she is from England. Yes, I think we have met before. It's good to see you again. That's right. Mister li. Mister Fred Miller. Our ma...
@bythewell - I wonder if that also has to do with the fact that internet companies probably don't have the kind of fixed assets that, say, a plastics company is going to have. When a plastics company puts a lot of money into their capital assets, those assets are real things, that...
the axiom that one has to "spend money to make money" is reflected in the phenomenon of sunk cost. A sunk cost differs from future costs that a business may face, such as decisions about inventory purchase costs or product pricing. Sunk costs are excluded from future business decisions ...
Other direct costs for a product can include salaries for production employees, equipment purchased to produce the products, and maintenance done on assembly line. Keep in mind that anything that generates costs or has expenses associated with it can be considered a cost object. This isn’t reser...
Definition:A budgeted cost is a forecasted future expense that the company is expected to incur in the future. In other words, it’s an estimated expense that management anticipates will be incurred in a future period based on projected revenues and sales. ...
The labor your business dedicates to providing a product or service is considered a tangible cost because the connection between the expenditure and the outcome is simple and linear. However, your business also pays a range of staff to provide services not directly connected with production expenses...
Besides faster access, connectivity might get a little cheaper in future for users only if a complete 5G network is set up. However, the cost of programs and apps will go up. Meanwhile, users are in great need of ordering more monthly services. Comparatively speaking, users are likely to ...
The goal here is to be aware of all the players in the market instead of arbitrarily choosing to ignore a few. As you find more and more competitors, categorize them into these buckets: Direct competitors. These brands offer the same product/service as you to the same target audience. ...
This tax is meant to discourage activities that impose a net cost to an unrelated third party. That means that the imposition of this type of tax will reduce the market outcome of the externality to an amount that is considered efficient. ...
as well as travel expenses incurred for visiting suppliers or inspecting potential assets. Note that once an item is in place, those types of costs are usually not considered acquisition-related. However, there may be a steep learning curve to using the good, meaning...