What Are the Two Types of Costs That Should Be

question 16

Multiple Choice

What are the two types of costs that should be taken into consideration when understanding cost drivers?

• A)cost of goods sold and operating expenses
• B)cost of startup and cost of operations
• C)cost of pre-startup and cost of operations
• D)employee costs and infrastructure costs

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Definitions:

Normative Social Influence

Influence resulting from a person’s desire to gain approval or avoid disapproval.

Conformity

The process of aligning one's attitudes, beliefs, and actions with the norms, policies, or expectations of a group or society.

Mood Contagion

The phenomenon where emotional states are transferred from one person to another, often unconsciously.

Group Polarization

A social psychological phenomenon where discussions within a group lead to an exaggeration of the group's initial leanings, making their opinions more extreme.