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Is a Set of Priority Planning Techniques for Planning Component

question 32

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is a set of priority planning techniques for planning component items below the
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Definitions:

Sunk Costs

Sunk Costs are costs that have already been incurred and cannot be recovered, and should not affect future business decisions.

Additional Costs

Expenses incurred beyond the expected or budgeted amounts, often relating to unexpected events or changes in circumstances.

Nonfinancial Factors

Aspects influencing decision-making in business that are not quantifiable in monetary terms, such as employee satisfaction or environmental impact.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work, which can significantly impact an organization's success.

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