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For well over 100 years, many Americans advocated that the Bill of Rights in the U.S. Constitution applied only to federal government actions and that states were not bound by the amendments. How has this trend changed?
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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