The Additional Cost Incurred as a Result of Undertaking an Action

question 143

Multiple Choice

The additional cost incurred as a result of undertaking an action is:

• A)the opportunity benefit.
• B)the marginal benefit.
• C)the total cost.
• D)the gross cost.
• E)the marginal cost.

---

Definitions:

Marketing Plan

A comprehensive document that outlines a company's marketing strategy, objectives, and tactics for a specific time period.

Core Purpose

The core purpose of a company is its fundamental reason for being, beyond just making money, which guides its business direction and strategy.

Vision Statement

A declaration of an organization's long-term goals and aspirations.

Achievements

Significant accomplishments or milestones reached by an individual or organization.