Opportunity Cost: Making a choice means sacrificing something else at the same time because we can’t have everything. If the value of what is given up is significant, then the choice incurs a relative loss, and it is up to the CEO to recognize this as a cost. In reality, whether I am aware of the opportunity cost or not, it still impacts my current financial situation. However, to calculate profit or loss as an opportunity cost, there must be a future opportunity to forgo the current choice and select an alternative. No one should keep repeating the cycle of giving up and choosing without knowing whether the next decision will be beneficial or not. Giving up is worthwhile only when the next option is good. - Joseph’s “just my thoughts”
No matter how strong someone appears, they have vulnerabilities . In reality, such a person often forgets that their strengths come from their weaknesses . Even if you concentrate too much on your strong points, your weaknesses can be easily uncovered. Someone who gets disappointed or angry when things don’t go their way reveals their vulnerabilities too easily. If I slightly disagree or irritate the person, they can be easily manipulated. A truly strong person does not openly display their strength or weakness. - Joseph’s “just my thoughts”