Difference between revisions of "Opportunity costs"
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(New page: == IGC-DEFINITION (abbreviated) == '''Opportunity costs'''<br> Opportunity costs are the costs of the alternative use of a factor in short supply. They are to be considered in decision acc...) |
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== IGC-DEFINITION (abbreviated) == | == IGC-DEFINITION (abbreviated) == | ||
| − | '''Opportunity costs'''<br> | + | '''Opportunity costs / [[:de:Opportunitätskosten|Opportunitätskosten]]'''<br> |
| − | Opportunity costs are the costs of the alternative use of a factor in short supply. They are to be considered in decision accounting when a bottleneck situation occurs. If, for example, there is a shortage of production capacity and a product cannot be manufactured in adequate quantities, then the predictable losses in contribution margin are the opportunity costs to choose the other product. | + | Opportunity costs are the costs of the alternative use of a factor in short supply. They are to be considered in [[decision accounting]] when a bottleneck situation occurs. If, for example, there is a shortage of production capacity and a product cannot be manufactured in adequate quantities, then the predictable losses in [[contribution margin]] are the opportunity costs to choose the other product. |
from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)] | from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)] | ||
| − | |||
== Source == | == Source == | ||
[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010] | [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010] | ||
| + | |||
| + | == Not Your Usual Panhandler == | ||
| + | |||
| + | Doug Eaton wanted to celebrate his birthday on June 11 in a big way, so he turned to his friends for ideas -- ended up marking the day with random acts of kindness, including handing out free money to people passing by. | ||
| + | |||
| + | [[http://goodvillenews.com/Not-Your-Usual-Panhandler-6kQtGi.html Not Your Usual Panhandler]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == 7 Choices You Always Have (that you dont always give yourself) == | ||
| + | |||
| + | I believe the choice to be excellent begins with aligning your thoughts and words with the intention to require more from yourself. ~ Oprah WinfreyMaking choices is probably the most stressful thing that we do as humans. Or perhaps more accurately, the stressful thing we do is to choose avoidance when we dont like what choices were facing. This is what creates the stress. | ||
| + | |||
| + | [[http://goodvillenews.com/7-Choices-You-Always-Have-that-you-dont-always-give-yourself-RRF.html 7 Choices You Always Have (that you dont always give yourself)]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == 13 Things You Should Do To Live Life Without Regrets == | ||
| + | |||
| + | A study that was performed on elderly individuals a few years back, has shown that during old age, there are many people who regret the things they didnt have the courage to do as opposed to only a few who had regrets about the things theyve done. | ||
| + | |||
| + | [[http://goodvillenews.com/13-Things-You-Should-Do-To-Live-Life-Without-Regrets-DyXsux.html 13 Things You Should Do To Live Life Without Regrets]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == Refugee Turned Entrepreneur Uplifts Women Abroad == | ||
| + | |||
| + | While some retailers have struggled in the recession, Amber Chand, an online retailer of items made by women living in war-torn countries, is experiencing success."As the economy was going into a downturn during the holiday season, which is my primary season, I noticed actually that my company was increasing in terms of sales and revenues, and we grew by 22 percent," says Chand. | ||
| + | |||
| + | [[http://goodvillenews.com/Refugee-Turned-Entrepreneur-Uplifts-Women-Abroad-w0ETyF.html Refugee Turned Entrepreneur Uplifts Women Abroad]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == 9 Reasons Why You Should No Longer Care About Peoples Approval == | ||
| + | |||
| + | A truly strong person does not need the approval of others any more than a lion needs the approval of sheep. Vernon HowardApproval Seeking Behavior If you ask me, this is where many of our challenges start. When you are too concerned with what other people think of you, you start sabotaging your life, and you start moving forward but with the breaks on. | ||
| + | |||
| + | [[http://goodvillenews.com/9-Reasons-Why-You-Should-No-Longer-Care-About-Peoples-Approv-oy6.html 9 Reasons Why You Should No Longer Care About Peoples Approval]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
Latest revision as of 18:29, 13 August 2012
Contents
- 1 IGC-DEFINITION (abbreviated)
- 2 Source
- 3 Not Your Usual Panhandler
- 4 7 Choices You Always Have (that you dont always give yourself)
- 5 13 Things You Should Do To Live Life Without Regrets
- 6 Refugee Turned Entrepreneur Uplifts Women Abroad
- 7 9 Reasons Why You Should No Longer Care About Peoples Approval
IGC-DEFINITION (abbreviated)
Opportunity costs / Opportunitätskosten
Opportunity costs are the costs of the alternative use of a factor in short supply. They are to be considered in decision accounting when a bottleneck situation occurs. If, for example, there is a shortage of production capacity and a product cannot be manufactured in adequate quantities, then the predictable losses in contribution margin are the opportunity costs to choose the other product.
from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)
Source
Not Your Usual Panhandler
Doug Eaton wanted to celebrate his birthday on June 11 in a big way, so he turned to his friends for ideas -- ended up marking the day with random acts of kindness, including handing out free money to people passing by.
[Not Your Usual Panhandler]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
7 Choices You Always Have (that you dont always give yourself)
I believe the choice to be excellent begins with aligning your thoughts and words with the intention to require more from yourself. ~ Oprah WinfreyMaking choices is probably the most stressful thing that we do as humans. Or perhaps more accurately, the stressful thing we do is to choose avoidance when we dont like what choices were facing. This is what creates the stress.
[7 Choices You Always Have (that you dont always give yourself)]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
13 Things You Should Do To Live Life Without Regrets
A study that was performed on elderly individuals a few years back, has shown that during old age, there are many people who regret the things they didnt have the courage to do as opposed to only a few who had regrets about the things theyve done.
[13 Things You Should Do To Live Life Without Regrets]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
Refugee Turned Entrepreneur Uplifts Women Abroad
While some retailers have struggled in the recession, Amber Chand, an online retailer of items made by women living in war-torn countries, is experiencing success."As the economy was going into a downturn during the holiday season, which is my primary season, I noticed actually that my company was increasing in terms of sales and revenues, and we grew by 22 percent," says Chand.
[Refugee Turned Entrepreneur Uplifts Women Abroad]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
9 Reasons Why You Should No Longer Care About Peoples Approval
A truly strong person does not need the approval of others any more than a lion needs the approval of sheep. Vernon HowardApproval Seeking Behavior If you ask me, this is where many of our challenges start. When you are too concerned with what other people think of you, you start sabotaging your life, and you start moving forward but with the breaks on.
[9 Reasons Why You Should No Longer Care About Peoples Approval]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
