cost-or-less principle

简明释义

成本或低价原则

英英释义

The cost-or-less principle refers to a guideline in decision-making that suggests selecting an option that either costs less than or is equal to the available budget, ensuring that expenses do not exceed financial limits.

成本或更少原则是一个决策指导方针,建议选择一个成本低于或等于可用预算的选项,以确保支出不超过财务限制。

例句

1.The contractor was required to adhere to the cost-or-less principle when bidding for the renovation project.

承包商在竞标翻新项目时被要求遵守成本或更低原则

2.In order to maximize profits, the startup implemented the cost-or-less principle in its supply chain management.

为了最大化利润,初创公司在其供应链管理中实施了成本或更低原则

3.The cost-or-less principle helped the non-profit organization allocate funds more effectively.

成本或更低原则帮助非营利组织更有效地分配资金。

4.By following the cost-or-less principle, we were able to reduce overall spending on marketing campaigns.

通过遵循成本或更低原则,我们能够减少整体市场营销活动的支出。

5.The company adopted the cost-or-less principle to ensure that all project expenses remain within budget limits.

公司采用了成本或更低原则,以确保所有项目费用保持在预算范围内。

作文

The concept of the cost-or-less principle is crucial in various fields, particularly in economics and business decision-making. This principle suggests that when making a choice, individuals or organizations should opt for alternatives that either cost less or provide greater value for the same cost. Understanding this principle can help in optimizing resources and maximizing benefits. In today’s competitive market, businesses strive to implement the cost-or-less principle to enhance their profitability while ensuring customer satisfaction.For instance, consider a company that is looking to launch a new product. The management team must evaluate different suppliers for materials needed in production. By applying the cost-or-less principle, they would assess not only the price of materials but also the quality and reliability of each supplier. If Supplier A offers materials at a lower price but with inferior quality compared to Supplier B, which offers slightly higher prices but superior quality, the company would be wise to choose Supplier B. This decision aligns with the cost-or-less principle because it prioritizes long-term value over short-term savings.In personal finance, individuals often face similar decisions. When purchasing a car, one might come across two options: a cheaper model that requires frequent repairs and a more expensive model known for its durability and lower maintenance costs. By applying the cost-or-less principle, a buyer would analyze the total cost of ownership, including maintenance, fuel efficiency, and resale value. Ultimately, investing in the more expensive but reliable vehicle may lead to lower overall costs and greater satisfaction in the long run.Moreover, the cost-or-less principle can also apply to time management. In our fast-paced world, time is a valuable resource. When deciding how to allocate time for tasks, one might consider activities that yield the highest return on investment. For example, spending time on professional development might seem costly initially, but the skills gained could lead to promotions and higher salaries, embodying the essence of the cost-or-less principle.In conclusion, the cost-or-less principle serves as a guiding framework for making informed decisions across various domains. Whether in business, personal finance, or time management, recognizing the importance of value relative to cost can lead to better outcomes. By consistently applying this principle, individuals and organizations can ensure that their choices align with their goals and values, ultimately leading to greater success and satisfaction. As we navigate an increasingly complex world, the cost-or-less principle remains a timeless strategy for effective decision-making.

“成本或更少原则”在各个领域中至关重要,特别是在经济学和商业决策中。该原则建议,当做出选择时,个人或组织应选择那些成本更低或提供相同成本下更大价值的替代方案。理解这一原则有助于优化资源并最大化收益。在当今竞争激烈的市场中,企业努力实施“成本或更少原则”,以提高盈利能力,同时确保客户满意度。例如,考虑一家希望推出新产品的公司。管理团队必须评估不同供应商提供的生产所需材料。通过应用“成本或更少原则”,他们不仅会评估材料的价格,还会考虑每个供应商的质量和可靠性。如果A供应商以较低的价格提供材料,但质量较差,而B供应商则提供稍高价格但质量优越,公司的明智选择是选择B供应商。这一决策符合“成本或更少原则”,因为它优先考虑长期价值而非短期节省。在个人财务方面,个人常常面临类似的决策。当购买汽车时,可能会遇到两个选项:一种便宜的车型需要频繁维修,而另一种昂贵的车型则以耐用性和较低的维护成本著称。通过应用“成本或更少原则”,买家会分析总拥有成本,包括维护、燃油效率和转售价值。最终,投资于更昂贵但可靠的汽车可能会导致整体成本更低,并在长远中带来更大的满意度。此外,“成本或更少原则”还可以应用于时间管理。在我们快节奏的世界中,时间是一种宝贵的资源。在决定如何分配任务时间时,人们可能会考虑哪些活动能产生最高的投资回报。例如,花时间进行职业发展最初可能看起来很昂贵,但获得的技能可能会导致晋升和更高的薪水,体现了“成本或更少原则”的本质。总之,“成本或更少原则”作为一个指导框架,适用于各个领域的明智决策。无论是在商业、个人财务还是时间管理中,认识到价值与成本之间的重要性都可以带来更好的结果。通过不断应用这一原则,个人和组织可以确保他们的选择与目标和价值观一致,从而最终实现更大的成功和满意度。当我们在日益复杂的世界中航行时,“成本或更少原则”仍然是有效决策的永恒策略。