lost cost
简明释义
无益费用
英英释义
Lost cost refers to expenses that have already been incurred and cannot be recovered, often influencing future decisions. | 沉没成本是指已经发生且无法回收的费用,通常会影响未来的决策。 |
例句
1.Investing in a project that has already failed is often considered a lost cost.
投资于一个已经失败的项目通常被认为是沉没成本。
2.Many people struggle with the concept of lost cost when they have invested time and money into a failing relationship.
许多人在投入时间和金钱到一段失败的关系中时,难以理解沉没成本的概念。
3.When deciding whether to continue a business venture, it's important not to let lost cost influence your decision.
在决定是否继续一个商业冒险时,重要的是不要让沉没成本影响你的决定。
4.The company had to cut its losses and move on, despite the lost cost of the initial investment.
尽管初始投资的沉没成本很高,公司还是不得不止损并继续前进。
5.In economics, understanding lost cost helps businesses make better financial decisions.
在经济学中,理解沉没成本可以帮助企业做出更好的财务决策。
作文
In the realm of economics and decision-making, the term lost cost refers to costs that have already been incurred and cannot be recovered. Understanding this concept is crucial for both individuals and businesses as it helps in making informed choices. Many people often fall into the trap of considering lost cost when evaluating future decisions, which can lead to poor outcomes. For instance, imagine a company that has invested a significant amount of money in a product development project. After months of work, they realize that the market demand for the product is not as strong as anticipated. At this point, the money spent on research and development is a lost cost, and the company must decide whether to continue investing in the project or cut their losses. If they let the lost cost influence their decision, they might choose to throw good money after bad, hoping to recover their initial investment. This is a classic example of the sunk cost fallacy, where past expenses unduly influence current decisions.Understanding lost cost can also apply to personal finance. For example, consider a person who buys a non-refundable concert ticket but later finds out that they have a scheduling conflict. The money spent on the ticket is a lost cost, and it should not affect their decision about whether to attend the concert or sell the ticket at a loss. The rational choice would be to evaluate the situation based on the current benefits and costs rather than the money already spent.Moreover, recognizing lost cost is essential in business strategy. Companies often face situations where they must decide whether to continue funding a failing project or redirect resources to more promising ventures. A clear understanding of lost cost allows leaders to make decisions based on future potential rather than past expenditures. This principle encourages a forward-thinking approach, emphasizing the importance of opportunity costs—the potential benefits lost when one alternative is chosen over another.In conclusion, the concept of lost cost plays a significant role in effective decision-making. By acknowledging that certain costs are irretrievable, individuals and organizations can avoid the pitfalls of the sunk cost fallacy. Instead of allowing past investments to dictate future actions, they can focus on maximizing their resources and making choices that align with their long-term goals. Ultimately, understanding lost cost empowers us to make better financial and strategic decisions, leading to more successful outcomes in both personal and professional contexts.
在经济学和决策领域,术语lost cost指的是已经发生且无法收回的成本。理解这一概念对个人和企业都至关重要,因为它有助于做出明智的选择。许多人常常陷入考虑lost cost的陷阱,这可能导致不良结果。例如,想象一家企业在一个产品开发项目上投入了大量资金。在几个月的工作后,他们意识到该产品的市场需求并没有预期的那么强。这时,花费在研发上的钱就是lost cost,公司必须决定是继续投资该项目还是止损。如果他们让lost cost影响他们的决定,他们可能会选择继续投入更多资金,希望能收回最初的投资。这是沉没成本谬论的经典例子,即过去的支出不当影响当前的决策。理解lost cost也适用于个人财务。例如,考虑一个人购买了一张不可退款的音乐会门票,但后来发现自己有日程冲突。花在门票上的钱就是lost cost,这不应该影响他们是否参加音乐会或以亏损的价格出售门票的决定。理性的选择是根据当前的收益和成本来评估情况,而不是已经花费的钱。此外,认识到lost cost在商业战略中至关重要。公司经常面临是否继续资助一个失败项目或将资源重新分配到更有前景的项目的决定。清楚理解lost cost使领导者能够基于未来潜力做出决策,而不是基于过去的支出。这个原则鼓励一种前瞻性的思维方式,强调机会成本的重要性——选择一个替代方案而失去的潜在利益。总之,lost cost的概念在有效决策中发挥着重要作用。通过承认某些成本是不可回收的,个人和组织可以避免沉没成本谬论的陷阱。与其让过去的投资决定未来的行动,不如专注于最大化资源并做出与长期目标相一致的选择。最终,理解lost cost使我们能够做出更好的财务和战略决策,从而在个人和职业领域取得更成功的结果。
相关单词