Success in a Merger from Revenue Enhancement Is More Likely

question 18

True/False

Success in a merger from revenue enhancement is more likely if the markets into which expansion occurs are less than fully competitive.

Understand the concept of economic costs including explicit and implicit costs.

Calculate economic profit and distinguish it from accounting profit.

Identify the components of total revenue and total cost to determine profit.

Understand opportunity costs and how they influence business decisions.

---

Definitions:

Delivering Bad News

The process of communicating unfavorable or upsetting information to someone in a thoughtful, empathetic, and clear manner.

Professionalism

The conduct, behaviors, and attitude deemed appropriate and effective in the workplace or professional settings.

Ethics

The branch of philosophy that deals with questions of morality, including the determination of right and wrong actions and the development of moral principles to guide behavior.

Unspoken Needs

Needs or desires that are felt but not verbally expressed or directly communicated.