Examlex
Individuals in low-context cultures typically resolve conflict by
Opportunity Cost
Foregoing the prospective advantages from various other alternatives by making a single selection.
Opportunity Cost
The expense related to overlooking the next in line preferable option in the course of decision-making.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, effectively representing the benefits you miss out on choosing one option over another.
Inefficient Outcome
A result or situation in which resources are not utilized in the best possible manner, leading to potential wastage or loss.
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