cost-or-less principle

简明释义

按成本或低于成本计算的原则

英英释义

The cost-or-less principle refers to a guideline in decision-making that suggests choosing an option that is either the least expensive or has no additional cost compared to other alternatives.

成本或更少原则是指在决策中选择一个选项的指南,该选项要么是最低成本,要么与其他替代方案相比没有额外成本。

例句

1.The company adopted the cost-or-less principle to ensure that all projects stay within budget.

公司采用了成本或更低原则来确保所有项目保持在预算范围内。

2.By following the cost-or-less principle, we were able to cut unnecessary expenses.

通过遵循成本或更低原则,我们能够削减不必要的开支。

3.In our procurement strategy, we implement the cost-or-less principle to maximize savings.

在我们的采购策略中,我们实施成本或更低原则以最大化节省。

4.The cost-or-less principle is crucial for startups trying to manage their limited resources.

对于试图管理有限资源的初创企业来说,成本或更低原则至关重要。

5.The cost-or-less principle helped us prioritize essential services over luxury items.

成本或更低原则帮助我们优先考虑基本服务而非奢侈品。

作文

In the world of economics and decision-making, the concept of the cost-or-less principle plays a crucial role in guiding individuals and businesses toward optimal choices. This principle suggests that when evaluating options, one should consider alternatives that either cost less or provide greater value than the current choice. Understanding this principle can lead to more informed and beneficial decisions in various aspects of life, from personal finance to business strategies.To illustrate the cost-or-less principle, let us consider an example in personal finance. Imagine you are in the market for a new car. You have your eyes set on a particular model that costs $30,000. However, before making a purchase, it is wise to explore other options. You come across another vehicle that offers similar features and performance for only $25,000. By applying the cost-or-less principle, you would recognize that the second option not only saves you money but also provides the same utility as the first car. Therefore, it makes sense to choose the more economical option, which aligns with the principle of minimizing costs while maximizing value.This principle is not limited to personal purchases; it can also be applied in a business context. For instance, a company may need to decide between two suppliers for raw materials. Supplier A offers a high-quality product at a price of $1,000 per ton, while Supplier B provides a comparable product for $800 per ton. By adhering to the cost-or-less principle, the company would likely choose Supplier B, as it allows them to reduce expenses without sacrificing quality. This decision can lead to significant savings over time, enhancing the company's profitability and competitive edge.Furthermore, the cost-or-less principle encourages individuals and organizations to constantly evaluate their choices and seek better alternatives. In a rapidly changing market, what may have been the best option yesterday could become obsolete today. By keeping this principle in mind, decision-makers are prompted to remain vigilant and open to new possibilities that could offer greater value at a lower cost.However, it is essential to note that the cost-or-less principle does not advocate for choosing the cheapest option blindly. Instead, it emphasizes the importance of value assessment. Sometimes, a higher-priced option may provide additional benefits, such as superior customer service, extended warranties, or enhanced features that justify the extra cost. Therefore, a thorough analysis of both price and value is necessary to make a sound decision.In conclusion, the cost-or-less principle serves as a valuable guideline for making informed decisions in various aspects of life and business. By focusing on alternatives that cost less or deliver more value, individuals and organizations can optimize their choices and achieve better outcomes. Embracing this principle fosters a mindset of continuous evaluation and improvement, ultimately leading to smarter financial decisions and greater success in achieving one's goals.

在经济学和决策的世界里,成本或更少原则的概念在指导个人和企业做出最佳选择方面发挥着至关重要的作用。该原则表明,在评估选项时,应考虑那些成本更低或提供更大价值的替代方案。理解这一原则可以在生活的各个方面,从个人财务到商业策略,导致更明智和有益的决策。为了说明成本或更少原则,让我们以个人财务为例。假设你正在寻找一辆新车。你关注的一款车型价格为30,000美元。然而,在做出购买决定之前,明智的做法是探索其他选项。你发现另一款汽车提供类似的功能和性能,价格仅为25,000美元。通过应用成本或更少原则,你会意识到第二个选项不仅能为你节省资金,还能提供与第一辆车相同的效用。因此,选择更经济的选项是合理的,这符合最小化成本并最大化价值的原则。这一原则不仅限于个人购买;它也可以应用于商业环境。例如,一家公司可能需要在两个原材料供应商之间做出决定。供应商A以每吨1,000美元的价格提供高质量的产品,而供应商B则以每吨800美元的价格提供可比的产品。遵循成本或更少原则,该公司可能会选择供应商B,因为这使他们能够在不牺牲质量的情况下降低开支。随着时间的推移,这一决定可以带来显著的节省,提高公司的盈利能力和竞争优势。此外,成本或更少原则鼓励个人和组织不断评估他们的选择,并寻求更好的替代方案。在快速变化的市场中,昨天可能是最佳选择的东西今天可能会变得过时。牢记这一原则,决策者被促使保持警惕,开放于可能提供更大价值且成本更低的新可能性。然而,值得注意的是,成本或更少原则并不提倡盲目选择最便宜的选项。相反,它强调价值评估的重要性。有时,价格更高的选项可能提供额外的好处,如优质的客户服务、延长的保修或增强的功能,这些都证明了额外费用的合理性。因此,在做出明智的决定时,必须对价格和价值进行全面分析。总之,成本或更少原则作为在生活和商业各个方面做出明智决策的宝贵指南。通过关注那些成本更低或提供更多价值的替代方案,个人和组织可以优化他们的选择并实现更好的结果。接受这一原则培养了持续评估和改进的思维方式,最终导致更聪明的财务决策和在实现目标方面更大的成功。