If a payback period for a project is greater than its expected useful life, the

a. project will always be profitable.
b. entire initial investment will not be recovered.
c. project would only be acceptable if the company's cost of capital was low.
d. project's return will always exceed the company's cost of capital.

Answer: b. entire initial investment will not be recovered.

Business

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The firm's purpose and where it fits into the world is identified by the

a. strategy. b. policy. c. mission. d. objective.

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What is the process of assigning a wide range of general attributes to members of a particular culture?

A) Xenophobia B) Stereotyping C) Pluralism D) High-context E) Ethnocentrism

Business