________ refers to the benefit given up by choosing an alternative course of action

A) Opportunity cost
B) Sunk cost
C) Relevant cost
D) Irrelevant cost

A

Business

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Human welfare, want satisfaction, and profits are the three considerations underlining the concept known as ________.

A. societal marketing B. customer-driven C. sales-driven D. production

Business

Which of the following best defines a subsidiary corporation?

A) a corporation that is absorbed into a merger B) a corporation that continues to exist after a merger C) a corporation that has bought all the shares of another corporation D) a corporation that is owned by the parent corporation in a share exchange

Business