Which element in the value chain is responsible for transforming inputs into outputs?

Capital budgeting analyses typically assume a constant cost of capital, even though the analysts know it will change. One reason for this practice is that

A) the changes are too small to affect the decision. B) a constant cost of capital is the most conservative assumption. C) the changes are unpredictable. D) NPV calculations do not allow more than one discount rate.

The term ________ represents workforce planning efforts that identify possible replacements for specific employees, usually senior executives

A) job retrenchment B) employee retention C) 360-degree prognostication D) succession planning E) passing the torch