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Can you identify a sunk cost in your organization? For example, did you recently install equipment...

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Can you identify a sunk cost in your organization? For example, did you recently install equipment which is now obsolete and needs to be replaced? Did you make a poor financial decision that now must be reversed? Can you identify one or more opportunity costs? For example, do you have office or storeroom space that could be leased out to another firm which is currently being used in your own operations? Could the space be more profitably used by another organization which could pay you rent? Are there alternative uses for financial resources that could be more profitable to your organization?

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