What Is the Term for What You Give Up to Obtain

question 177

Multiple Choice

What is the term for what you give up to obtain an item?

• A) opportunity cost
• B) implicit cost
• C) applied cost
• D) variable cost

Recognize nonverbal communication and its impact on message delivery and reception.

Describe electronic communication methods and their application in business contexts.

Understand the concept and examples of communication networks within organizations.

Distinguish between different directions of communication flow in organizations and their implications.

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Definitions:

Client/Server

A model of computer networking where a client device requests services and resources from a centrally located server.

Central

Located in the center or of main importance.

802.11ac

A wireless networking standard in the 802.11 family that provides high-throughput wireless local area networks (WLANs) on the 5 GHz band.

802.11n

A wireless networking standard that improves upon previous 802.11 standards by increasing speed, range, and reliability of wireless networks.