Sunk costs 


SUBMITTED BY: L319A

DATE: Sept. 28, 2016, 9:40 a.m.

FORMAT: Text only

SIZE: 183 Bytes

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  1. Sunk costs ‐‐ money already spent and gone, which will not be recovered no matter what
  2. course of action is taken. Bad decisions are made when managers attempt to recoup sunk
  3. costs.

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