How do costs play into your everyday life
Discussion:
How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate? Also, can you identify situations where you may fall victim to the sunk cost fallacy (we all do)?
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Think about a change process that you have experienced: a downsizing, an acquisition, an introduction of new technology
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How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate
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How would the organizational strategy need to change to respond to Mary Kay's new business strategy?
Examples of factors that could affect demand: personal preferences income price
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