Opportunity loss 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 worsening of a financial position when effectively 'locked in' to a course of action or to a particular fixed price or rate, compared with the alternative which could have been followed without the lock-in.
 
For example, there is always a risk of opportunity losses when we use a fixing instrument to effectively lock in a (committed) market price.
 
We are effectively locked in to the predetermined and committed market price, instead of being free to take advantage of actual market rates (if they turn out to be more favourable).
 
 
2.
 
Any loss resulting from a failure to take advantage of an opportunity.  


== See also ==
* [[Outsourcing]]


== See also ==
* [[Fixing instrument]]
* [[Opportunity risk]]
* [[Regret risk]]

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