What is Sunk Cost? (Definition and Examples) | Glossary
A sunk cost, also known as a retrospective cost, is an investment you already make and cannot recover.| Glossary
A sunk cost, also known as a retrospective cost, is an investment you already make and cannot recover.| Glossary
Our opportunity cost guide helps you make informed choices. Learn the definition, formula, examples, and types of opportunity cost. Make your choices count.| Glossary
Cost of goods sold (COGS) is a financial metric that tells how much cost has been incurred in the production of the product or services that have been sold to the consumers.| Glossary
Cost of Delay is simply a prioritization framework that enables businesses to realize the impacts of delaying the launch of a new product.| Glossary
Customer acquisition cost (CAC) is a metric used to reflect the cost of convincing (acquiring) a potential customer into buying the product or subscription of service.| Glossary
Product managers are responsible for setting a product vision, defining a product strategy and developing a feature roadmap that meets company goals and user needs.| Chisel
