"Opportunity Cost" Explained: Every Yes Is a Hidden No
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YouTubeAll Business Basics
"Opportunity Cost" Explained: Every Yes Is a Hidden No
Definition: OPPORTUNITY COST is a SUPER valuable term that refers to what you give up or sacrifice to do one thing over another. It's a value trade-off. Example #1: The OPPORTUNITY COST of watching a movie tonight after a hard day's work may be time you could spend reading, playing with the kids, or getting some productive work done around the ...
2.9K viewsJul 28, 2023
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Equal Employment Opportunity Act Your Rights Explained Clearly!
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What's the difference between AI for Efficiency vs. AI for Opportunity? Most businesses look at the former and rarely for the latter. Here's why: It's easy to add and bolt on AI tools, solutions to an already functioning process, one that's probably been layered on with nuances and workaround for years. Whether its some sort of reporting, or data analysis or even approval. There could be even a role designated for that specific process. It's easy to isolate the different tasks and see where AI c
2:35
What's the difference between AI for Efficiency vs. AI for Opportunity? Most businesses look at the former and rarely for the latter. Here's why: It's easy to add and bolt on AI tools, solutions to an already functioning process, one that's probably been layered on with nuances and workaround for years. Whether its some sort of reporting, or data analysis or even approval. There could be even a role designated for that specific process. It's easy to isolate the different tasks and see where AI c
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