IS TRAINING A SUNKEN COST?

Yahya AlShehhi ()
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Yahya AlShehhi: Faculty of Applied Economics University of Debrecen

Annals of Faculty of Economics, 2016, vol. 1, issue 1, 287-294

Abstract: Training investment tends to portray diverse advantages for any company, regardless of its cost-effectiveness. The decision for training depends on the utilization of organizational benefits. The aimed of this study to investigate the relationship between decision of training investment and the theory of cost in perspective of accounting and economics. The foundation of collecting data was a secondary resource and employed analyzeing the previous researches as methodology approach. The study found the decision of investing in training is likely depended on opportunity cost concept as a stratrgic tools to gain competitive advantage and benefits in economicst view. More than that a framework and definition term created regarding a notable negative relationship between sunken costs and turnover.

Keywords: Training investment; decision making; cost theory; sunk cost; company turnover; sunken training cost (search for similar items in EconPapers)
JEL-codes: D03 D21 M53 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2016:i:1:p:287-294

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