Thursday, March 17, 2011

opportunity costs

,
When your boss asks you to consider leading a project
in an industry you've never worked
in a function you think is interesting but have never done
in Philadelphia
for four months
during the spring
(which is gardening season)
when the audit busy season has just ended
by yourself...

What do you say?

Opportunity cost: The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.

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