According to the Textbook, the Main Reason for Mark Zuckerberg

question 82

Multiple Choice

According to the textbook, the main reason for Mark Zuckerberg to leave college and to start a new company, Facebook, is that

• A)he had failed many courses in college.
• B)the opportunity cost is higher for him to stay in college than to run Facebook.
• C)the opportunity cost is lower for him to stay in college than to run Facebook.
• D)the opportunity cost is zero for him to stay in college.
• E)the opportunity cost is zero for him to run Facebook.

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Definitions:

Functional Cost

Relates to expenses directly tied to specific functions or departments within a business, such as manufacturing or marketing.

Supply Chain Uncertainty

The unpredictability in any aspect of the supply chain, including supply, demand, prices, and lead times, which affects planning and operations.

Customer Analytics

The process of analyzing customer data to understand behavior, preferences, and trends to improve business decisions.

Aggressive Investment

An investment strategy characterized by seeking higher returns through taking on a greater level of risk, typically involving investments in volatile stocks, sectors, or markets.