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Sales is all about the art of closing the deal. Behind the curtain, that means a lot of patience, persuasion and persistence.
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Sunk cost thinking ruins innovation
There is nothing so useless as doing efficiently that which should not be done at all.” —Peter Drucker, “The Effective ...
The Reds reinstated infielder Jeimer Candelario from the injured list Monday and designated him for assignment.
The sunk cost fallacy occurs when we use money, time, or effort we've already spent (and can't recover) as justification to keep investing in something that's clearly not working.
Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. New research shows this misses long-term climate and biodiversity benefits.
The New York Yankees could see the pitcher as a "sunk cost" as they evaluate their pitching options in the wake of an injury.
Timing matters for wetland investment Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. Our research shows this misses the bigger, long-term picture.