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Consider an example from your professional career of either a sunk cost or an opportunity cost. Post an analysis of the impact of costs for
- Consider an example from your professional career of either a sunk cost or an opportunity cost.
Post an analysis of the impact of costs for an organization, to include the following:
- Describe an example of a sunk cost or opportunity cost from your current or past professional career, including why it would be either defined as a sunk cost or an opportunity cost.
- Analyze the impact that this cost had on the organization, including how the main stakeholder(s) were affected by this situation.
- With an understanding of sunk or opportunity costs, propose how you, as the manager, might address this scenario differently.
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