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Business Microlearning from Japan’s No. 1 MBA

Foundation

Sunk Costs

00h 06m (1 section)
Accounting and Finance

Course Description

How do you decide whether to continue an investment or look for something new?

When do you draw the line?

Understanding the concept of sunk costs is essential to answering these questions and can help you make the right decisions at the right time. Sunk costs can have a powerful effect on our psychology and emotions in both business and everyday situations.

In this course, learn how to recognize sunk costs in order to make more rational decisions.

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