Maria's company recently experienced a major system outage due to the failure of a critical component. During that time period, the company did not register any sales through its online site. Which type of loss did the company experience as a result of lost sales?

Question

Computers & Technology

Payton Santos

2 February, 03:50

Maria's company recently experienced a major system outage due to the failure of a critical component. During that time period, the company did not register any sales through its online site. Which type of loss did the company experience as a result of lost sales?

+4

Answers (1)

Know the Answer?

Hugo · Answer 1

Opportunity cost

Explanation:

Opportunity cost -

It refers to the benefit or opportunity, which can individual, business, or investor could not take, while undergoing some changes, is referred to as opportunity cost.

The opportunity cost can be very easily be missed, when not looked carefully.

Hence, from the given scenario of the question,

The correct term is opportunity cost.