Lesson Summary. There are two types of costs that must be considered by a business: explicit costs and implicit costs. Explicit costs are easier to analyze as they are expenses that require a payment and have an amount that can be calculated.
All-American beer brands that foreign companies now own, such as Budweiser, have defied expectations of marketing experts and continued to exploit patriotic emotions and imagery to sell their products, reports Ad Age. Belgian-Brazilian adult-beverage giant InBev bought Budweiser parent company Anheuser-Busch in 2008 for $52 billion.
To add to its media influence, this past December, Comcast became the majority owner of NBC Universal with a 51% stake in the company in partnership with GE, who owns the other 49%. Comcast also owns television networks like E! Entertainment, the Golf Channel and Sprouts. With a diversifying range of businesses, the parent company, Comcast Corporation announced last week that it would rebrand its consumer services â cable, internet, and digital phone â to XFINITY. All caps.