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How does mobile connectivity change the decision-making process in an organization?
Sunk Cost
Expenses that have been paid and cannot be retrieved, and therefore, should not impact upcoming business strategies.
Opportunity Cost
The benefit foregone by choosing one alternative over another.
Financing Costs
Expenses incurred by an entity in borrowing funds, including interest, fees, and other charges associated with the issuance of debt.
Incremental Cash Flow
The additional cash flow generated by a company from a new project or investment, after accounting for expenses.
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