A person gets deeper and deeper into something, It’s not that he doesn’t know whether to give up, but he’s stuck in
the sunk costs, putting more energy and time into the past to “fill in the holes. ”.
Sunk costs are those costs that have occurred in the past and that we can not recover or change. These
contribution include and are not limited to money, time, energy, affection, etc. We all fear being proven wrong,
and denying past choices is tantamount to denying our past selves, so people prefer to stick with the wrong
decision.
“Management Wisdom” points out, give up in time, is a kind of wisdom. If sunk costs determine how people view
the past, then opportunity costs determine how people face the future. Compared to sunk costs, opportunity costs
are the ones that determine our future happiness.
Qingdao Sainuo Chemical Co.,Ltd. We are manufacturer for PE wax, PP wax, OPE wax, EVA wax, PEMA, EBS,
Zinc/Calcium Stearate…. Our products have passed the REACH, ROHS, PAHS, FDA testing.
Sainuo rest assured wax, welcome your inquiry!
Website:https://www.sanowax.com
E-mail:sales@qdsainuo.com
sales1@qdsainuo.com
Adress:Room 2702,Block B, Suning Building, Jingkou Road, Licang District, Qingdao,China
Post time: Nov-11-2020