Examlex
Which of the following ISO standards is related to environmental management?
Opportunity Cost
The cost of forgoing the next best alternative when making a decision.
Playing Golf
An outdoor game in which players use clubs to hit a small ball into a series of holes on a course in as few strokes as possible.
Sunny Days
Days characterized by sunshine, with minimal to no cloud cover, often associated with good weather.
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen.
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