Implicit costs can also be thought of as intangible costs that are not easily accounted for. For example, the time and effort that an owner puts into the maintenance of the company, rather than working on expansion, can be viewed as an implicit cost of running the business.
Initially developed by Android Inc., which Google bought in 2005, Android was unveiled in 2007, along with the founding of the Open Handset Alliance â a consortium of hardware, software, and telecommunication companies devoted to advancing open standards for mobile devices.
Android is a Mobile Operating System. Android is the mobile operating system developed by Google. Essentially, Google produces the software that runs almost every other mobile phone besides Appleâs iPhone. There are also some popular Android tablets as well.Android is a Linux-based software system, and similar to Linux, is free and open source software.This means that other companies can use the Android operating system developed by Google and use it in their mobile devices (more on that later).ndroid is a Mobile Operating System. Android is the mobile operating system developed by Google. Essentially, Google produces the software that runs almost every other mobile phone besides Appleâs iPhone. There are also some popular Android tablets as well.