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.
In a hostile takeover, the international conglomerate InBev bought Anheuser-Busch for $52 billion in 2008. Anheuser-Busch is now one of many subsidiaries and the deal resulted in hundreds of jobs being cut, including many in St. Louis. The full name of the company is now Anheuser-Busch InBev.