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.
The Bruins, TD Banknorth Garden and 20% of the New England Sports Network are owned by 68 year old Jeremy Jacobs, who owns Delaware North, a $2 billion global food and hospitality company. Jacobs has denied he is shopping the team.