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What is opportunity cost and how does it affect the decision-making process for business decisions?

August 22, 2021
Christopher R. Teeple

Minimum of 3 double-spaced pages.  (PLEASE USE NO LARGER THAN A 12 POINT  FONT) and margins no larger than 1” wide. Please note that graphics  should not be included in the page length.You must incorporate cited  resources for each question into your KB (can use the text, the module  resources, or qualified internet sources). Feel free to incorporate a  quote or cut and paste information into your KB, but you need to make sure that you have properly quoted and cited your sources, and that they are properly vetted sources. If you are quoting a source then they need to have the credentials that qualify them as an expert on the topic. So  make sure if you are quoting a post from a forum, blog or vlog; make  sure the person who wrote it is considered an expert in the field based  on either formal education or a designation achieved
Questions
1. What is opportunity cost and how does it affect the decision-making process for business decisions?
2. how does opportunity cost affect the decision-making process for personal decisions? Please give a tangible example.
3. Explain horizontal and vertical analysis and when you would use one over the other.
4. Discuss a money management challenge in a business setting and how you would overcome it.
5. Discuss a money management challenge in a personal setting and how you would overcome it.
6. Pick a ratio and explain what it is and how it is used.
7. What is fundamental analysis and where and when would it apply to a business decision.

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