Examlex
What does it mean to say that organizational learning is a multilevel sharing process?
Incremental Cost
The additional cost associated with producing one more unit of output, useful for decision-making on production levels.
Opportunity Cost
The evasion of possible gains from diverse options by firmly deciding on one.
Alternative Foregone
The next best choice available to someone who has made a decision, also known as the opportunity cost.
Opportunity Costs
The financial downside to eschewing the next top alternative in the spectrum of choices.
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