Welcome to the 1520 Perfect Dictionary
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| Opportunity cost | |
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| OPPORTUNITY COST Definition: (finance) The cost to a business of not being able to do something, for example because available money is being used for something else. ______________________________________________________________________ * All nine elements should be in. 1. Purposeful and necessary to do the one and not the other. 2. Prioritization was from analysis and a decision-making process. 3. Budgetary provisions, if applicable, would not be exceeded. 4. The expenditure items will be specific and identifiable; fixed. 5. Payment released will be measurable and/or assessable; definite. 6. What's done will be correctly and completely done; satisfactory. 7. Thing 'forfeited' will not be done later with the profit made. 8. No regrets and/or misgivings will arise in the situation. 9. The 'arrangement' will be irreversible (connect to #8). NOT COSTLY, whatever the amount. _______________ AFFORDABLE, no matter the 'loss'. Quote: "When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one that has opened for us". - Alexander Graham Bell. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |