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In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [ 1 ] [ 2 ] Sunk costs are contrasted with prospective costs , which are future costs that may be avoided if action is taken. [ 3 ]
Sunk cost From a page move : This is a redirect from a page that has been moved (renamed). This page was kept as a redirect to avoid breaking links, both internal and external, that may have been made to the old page name.
Of these, sunk costs, time investment, decision maker experience and expertise, self-efficacy and confidence, personal responsibility for the initial decision, ego threat, and proximity to project completion have been found to have positive relationships with escalation of commitment, while anticipated regret and positive information framing ...
Originally, many thước of varying lengths were in use in Vietnam, each used for different purposes. According to Hoàng Phê (1988), [1] the traditional system of units had at least two thước of different lengths before 1890, [2] the thước ta (lit. "our ruler") or thước mộc ("wooden ruler"), equal to 0.425 metres (1 ft 4.7 in), and the thước đo vải ("ruler for measuring ...
The sunk cost dilemma with its sequence of good decisions should not be confused with the sunk cost fallacy, where a misconception of sunk costs can lead to bad decisions. [1] Sunk-cost fallacy occurs when people make decisions about a current situation based on what they have previously invested in the situation.
1 Netherlands Vietnam: Designed by Damen and constructed by Song Thu Corporation. Maximum 1,550 tons. FC-624: Fast-react search-and-rescue & Patrol vessel 924: 1 Vietnam: Equipped with a speed boat and helipad as its notable features. Locally manufactured by X51 Shipyard. [23] 700 tons.
Water supply and sanitation in Vietnam; Data; Access to an improved water source: 98% (2015) [1] Continuity of supply: 21.6 hours per day on average in 68 cities (2009), often at low pressure: Average urban water use (L/person/day) 50 (2004 in small towns), [2] 80−130 (2009 in towns and cities) [3] Average urban water and sanitation tariff ...
After Card was sunk, North Vietnam made use of the incident for propaganda purposes. On 20 October 1964, the North Vietnamese government issued a postage stamp which proclaimed an "Aircraft Carrier of America sunk in the Harbor of Saigon", to praise the Viet Cong commandos who carried out the attack. [ 11 ]