Which of the Following Would Be Categorised as an Opportunity

question 47

Multiple Choice

Which of the following would be categorised as an opportunity cost?
(i) wages of workers
(ii) fixed costs already incurred
(iii) forgone investment opportunities

• A)(i) and (iii)
• B)(iii) only
• C)(ii) and (iii)
• D)(i), (ii) and (iii)

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Definitions:

Direct Selling

A retail channel where salespeople sell products directly to consumers, bypassing traditional retail locations.

Pampered Chef

A direct seller of high-quality kitchen tools and accessories, offering products through in-home cooking demonstrations.

Social Shopping

A method of e-commerce where users shop in a social networking-like environment, often including user recommendations, group buying, and interactive discussions.

Online Retailing

The practice of selling goods and services through the Internet, encompassing various e-commerce platforms and websites.