Opportunity cost and Shared Service Centre: Difference between pages

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1.
(SSC). Shared Services provide a service by one part of an organisation or group where previously the service had been found in more than one part of the organisation or group. The funding and resourcing of the service is shared so the providing department becomes an internal service provider.  


The expected return that is foregone by investing in a project, rather than in the next best use of capital or other resources.
== See also ==
 
* [[Outsourcing]]
It is the opportunity cost of capital and other resources that is the relevant economic measure for financial decision making purposes.
 
 
Opportunity cost is an important and powerful concept in cash management.


Examples of opportunity costs include leaving cash in a non-interest bearing bank account.
The organisation loses the opportunity to pay down debt (and save interest) or to invest the cash elsewhere (and earn interest).
2.
The same as 'opportunity loss'.
== See also ==
* [[Cost]]
* [[Cost of capital]]
* [[Float]]
* [[Opportunity cost of capital]]
* [[Opportunity loss]]
* [[Production possibility curves]]
* [[Supernormal profit]]
* [[Value dating]]

Revision as of 14:20, 23 October 2012

(SSC). Shared Services provide a service by one part of an organisation or group where previously the service had been found in more than one part of the organisation or group. The funding and resourcing of the service is shared so the providing department becomes an internal service provider.

See also