1. How can you avoid the sunk cost fallacy when making business decisions? 2. What...
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Accounting
1. How can you avoid the sunk cost fallacy when making business decisions?
2. What are some examples of sunk costs and opportunity costs in your industry?
3. What impact do factors such as customer satisfaction, employee morale, and competitive advantage have on the decision to discontinue a business segment?
- Do you agree or disagree with this explanation? Why or why not?
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