Home » Videos » What is opportunity cost?

What is opportunity cost?

Management Dictionary
Corporate and Market Finance, Strategic Management

7 views

Opportunity cost is the value of the best option that we sacrifice when we choose a different alternative. It represents the potential benefit lost by foregoing the most advantageous option. Understanding this concept is essential in a context of limited resources for optimizing investment and financing decisions.

Integrating opportunity cost into the decision-making process allows for more precise decisions, optimizes value, and avoids costly errors, thus facilitating the achievement of long-term strategic and financial objectives.

Links & resources

Keywords

décisions, Options, Strategy

Author(s)

BESANGER Serge

Professeur

INSEEC-U

Institution(s)

Video(s) of the same institution(s)

With the back-to-back letter of credit, the exporter has a payment instrument that is both flexible and secure, allowing for better capital optimization while guaranteeing the confidentiality of their subcontracting....

02:39

What are back-to-back letters of credit?

BESANGER Serge - INSEEC-U

Management Dictionary

Every company develops its marketing strategy based on at least four international values: Product, Price, Promotion, and Place. This framework is called the marketing mix, or the 4Ps of marketing. The concept of the 4Ps has evolved and is now represented by the 7Ps, which include People, Packaging, and Process....

03:58

What is the marketing mix?

AUBRUN Frédéric - INSEEC-U | JAUFFRET Marie-Nathalie - INSEEC-U

Management Dictionary

Co-branding refers to a partnership between brands to enhance a joint communication or marketing campaign. The co-branding process typically begins with an analysis of the target audience, which must be the same for each brand. Next comes the formalization of the partnership agreement, which outlines how each company will promote...

03:09

What is co-branding?

AUBRUN Frédéric - INSEEC-U | JAUFFRET Marie-Nathalie - INSEEC-U

Management Dictionary

Videos of the same thematic(s)

When an entrepreneur innovates, they can protect their creations through intellectual property (IP) rights, which grant exclusive rights of use and commercialization. IP is divided into two branches: literary and artistic property (copyright and related rights), which protects original works, and industrial property (patents, designs, trademarks, etc.), which protects inventions...

02:46

What is intellectual property?

BRUNNER Pauline

Management Dictionary

With the back-to-back letter of credit, the exporter has a payment instrument that is both flexible and secure, allowing for better capital optimization while guaranteeing the confidentiality of their subcontracting....

02:39

What are back-to-back letters of credit?

BESANGER Serge - INSEEC-U

Management Dictionary

Every company develops its marketing strategy based on at least four international values: Product, Price, Promotion, and Place. This framework is called the marketing mix, or the 4Ps of marketing. The concept of the 4Ps has evolved and is now represented by the 7Ps, which include People, Packaging, and Process....

03:58

What is the marketing mix?

AUBRUN Frédéric - INSEEC-U | JAUFFRET Marie-Nathalie - INSEEC-U

Management Dictionary

Corporate and Market Finance

Strategic Management

Subscribe to FNEGE MEDIAS channel

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.