irrelevant past cost
简明释义
非关联过去成本
英英释义
An irrelevant past cost refers to a historical expense that cannot be changed and does not impact future decision-making or financial analysis. | 无关的过去成本是指无法改变的历史支出,并且不会影响未来的决策或财务分析。 |
例句
1.The project manager advised the team to focus on the future rather than dwell on the irrelevant past cost 无关的过去成本 of previous mistakes.
项目经理建议团队关注未来,而不是纠结于以前错误的irrelevant past cost 无关的过去成本。
2.The accountant reminded the team that the irrelevant past cost 无关的过去成本 of the failed project should not affect their current budget planning.
会计提醒团队,失败项目的irrelevant past cost 无关的过去成本不应影响他们当前的预算规划。
3.During the financial review, it became clear that the irrelevant past cost 无关的过去成本 of prior investments should not influence their current strategy.
在财务审查中,显然之前投资的irrelevant past cost 无关的过去成本不应影响他们当前的策略。
4.When deciding whether to invest in new technology, the company should ignore the irrelevant past cost 无关的过去成本 of the previous system.
在决定是否投资新技术时,公司应忽略之前系统的irrelevant past cost 无关的过去成本。
5.In making a decision about future hiring, the manager emphasized the need to disregard any irrelevant past cost 无关的过去成本 associated with previous employee turnover.
在做未来招聘决策时,经理强调需要忽略与以前员工流失相关的任何irrelevant past cost 无关的过去成本。
作文
In the world of economics and business decision-making, understanding the concept of costs is crucial. Among these, there is a specific type of cost that often leads to confusion and poor decision-making: the irrelevant past cost. This term refers to expenses that have already been incurred and cannot be recovered. Because these costs are in the past, they should not influence current or future decisions. However, many individuals and organizations fall into the trap of allowing irrelevant past costs to dictate their choices, leading to suboptimal outcomes.To illustrate this point, consider a company that has invested a significant amount of money in research and development for a product that has not yet gained traction in the market. The funds spent on this project represent a irrelevant past cost, as they cannot be recovered regardless of the product's future performance. If the company continues to invest in this failing product simply because of the money already spent, it may miss opportunities to allocate resources more effectively elsewhere. Instead, the focus should be on future costs and benefits, rather than clinging to past expenditures.The psychological aspect of irrelevant past costs can also play a significant role in decision-making. People often experience a phenomenon known as the sunk cost fallacy, where they feel compelled to continue investing in a failing endeavor due to the amount already invested. This behavior is not only irrational but can also be detrimental to both personal and professional growth. Recognizing that irrelevant past costs should not affect our decisions is a vital skill in effective management and strategic planning.Moreover, when evaluating projects or investments, it is essential to focus on relevant costs—those that will be incurred in the future and can impact the decision at hand. By distinguishing between relevant and irrelevant past costs, businesses can make more informed choices that align with their long-term goals. For instance, a company considering whether to launch a new product should analyze future expected revenues and expenses rather than fixating on the costs associated with previous projects.In conclusion, the concept of irrelevant past costs serves as a reminder of the importance of rational decision-making in business and economics. By understanding that past expenditures should not influence current choices, individuals and organizations can avoid the pitfalls of the sunk cost fallacy and focus on what truly matters—the potential for future success. Embracing this mindset not only enhances decision-making processes but also contributes to a more sustainable approach to resource allocation, ultimately leading to better outcomes in both personal and professional realms.
在经济学和商业决策的世界中,理解成本的概念至关重要。在这些成本中,有一种特定类型的成本常常导致混淆和不良决策:无关的过去成本。这个术语指的是已经发生且无法恢复的费用。由于这些成本是在过去,因此它们不应影响当前或未来的决策。然而,许多个人和组织陷入了让无关的过去成本支配其选择的陷阱,导致次优结果。为了说明这一点,考虑一家在一款尚未在市场上获得吸引力的产品上投入了大量资金进行研究和开发的公司。为该项目支出的资金代表了无关的过去成本,因为无论该产品未来的表现如何,这些成本都无法收回。如果公司继续投资于这个失败的产品,仅仅是因为已经花费了这笔钱,它可能会错过将资源更有效地分配到其他地方的机会。相反,重点应该放在未来的成本和收益上,而不是依赖于过去的支出。无关的过去成本的心理方面在决策中也可以发挥重要作用。人们常常经历一种称为沉没成本谬误的现象,他们感到必须继续投资于一个失败的事业,因为已经投入的金额。这种行为不仅不理性,而且可能对个人和职业发展造成损害。认识到无关的过去成本不应影响我们的决策是一项在有效管理和战略规划中至关重要的技能。此外,在评估项目或投资时,专注于相关成本是至关重要的——那些将在未来产生并能够影响当前决策的成本。通过区分相关成本和无关的过去成本,企业可以做出更明智的选择,与其长期目标保持一致。例如,一家公司在考虑是否推出新产品时,应分析未来预期的收入和支出,而不是纠结于与先前项目相关的成本。总之,无关的过去成本的概念提醒我们在商业和经济学中理性决策的重要性。通过理解过去的支出不应影响当前的选择,个人和组织可以避免沉没成本谬误的陷阱,并专注于真正重要的事情——未来成功的潜力。接受这种思维方式不仅增强了决策过程,还有助于更可持续的资源分配方法,最终在个人和职业领域带来更好的结果。
相关单词