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.
Aviva is one of the well-known insurers who only deal direct, or do they? Aviva owns the General Accident brand. Allen and Allen Group owns insurer Mulsanne Insurance, plus brands Broker King, Insure It All, Quote A Car, My Motor Quote, Insure Your Motor, 4 Young Drivers, Girl Motor, Hyperformance, and ESInsure.