The Most Important and Most Misunderstood Concept in Business - Opportunity Cost
10xLogistics
APRIL 3, 2024
You hear a lot in business how strategy is as much about what you will not do as what you will do yet companies can't seem to turn anything off. The concept of NPV (Net Present Value) tries to get at this. Time, of course, is your most valuable resource and that is completely fungible. Now, let's apply this to business.
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