Costs and Rewards

Costs are the negatives or sacrifices involved in a decision, such as money, time, or effort spent. Rewards, on the other hand, are the benefits or positive outcomes gained from that decision, like profit, satisfaction, or progress. When making choices, individuals and organizations weigh the costs against the rewards to determine if the potential benefits justify the sacrifices. This process helps in making informed, balanced decisions that maximize value and minimize unnecessary loss.